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The Latest Breaking News from Meta

Meta’s AI Moment? New SAM 3 Model Has Wall Street Turning Bullish

Meta Platforms just released a computer vision AI model with state-of-the-art capabilities. Soon after, the stock received a $900 price target.

MarketBeat

Meta Cuts Jobs, Mark Zuckerberg Gets Richer: Wall Street Applauds Move

Shares of Meta Platforms Inc (NASDAQ:META) climbed higher Thursday after the company announced job cuts. With shares trading higher, Meta CEO and co-founder Mark Zuckerberg also saw his wealth soar, potentially at the expense of some of his company's employees.

Benzinga

Georgia Power says it needs a huge increase in power capacity to meet data center demand

Georgia's largest utility wants to spend more than $15 billion to increase its electricity capacity by 50% over the next six years to serve data centers

The Independent UK

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Massachusetts court hears arguments in lawsuit alleging Meta designed apps to be addictive to kids

Massachusetts’ highest court heard oral arguments Friday in the state’s lawsuit arguing that Meta designed features on Facebook and Instagram to make them addictive to young users

The Independent UK

Meta Preps Major Metaverse Cuts, Analysts Predict Earnings Pop

Wall Street analysts rerated Meta Platforms Inc (NASDAQ:META) after the company said that it is considering cutting up to 30% of its 2026 Metaverse budget, primarily targeting the Quest virtual reality unit and Horizon Worlds, which account for the bulk of metaverse-related investment.

Benzinga

Mark Zuckerberg rebranded Facebook for the metaverse. Four years and $70 billion in losses later, he’s moving on

Zuckerberg once framed the metaverse as the “successor to the mobile internet.”

Fortune

Meta Platforms Has Lost $73 Billion on Reality labs. Are Its Spending Cuts Enough for META Stock?

Meta cuts Reality Labs spending by 30%, focusing on profitable AI and core app projects while maintaining ad growth.

Barchart

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Cathie Wood Is Still Buying Meta Platforms Stock. Should You?

ARK added shares in META worth $21.4 million across three ETFs.

Barchart

Apple Made a Comeback with the iPhone 17, But Will Executive Exits Pull Down AAPL Stock?

Apple stock has rebounded after its iPhone 17 helped buoy sales. The company recently saw a flurry of executive exits, but its 2026 outlook looks reasonably positive.

Barchart

Apple is experiencing its biggest leadership shake-up since Steve Jobs died, with over half a dozen key executives headed for the exits

The exodus of top talent spans critical divisions from AI to design, legal affairs, environmental policy, and operations.

Fortune

Meta AI Becomes Real-Time News Hub With New Media Partnerships

Meta Platforms Inc. (NASDAQ:META) is expanding Meta AI to deliver a broader range of real-time content, from breaking global news to entertainment, lifestyle, and more.

Benzinga

Exclusive: Meta strikes multiple AI deals with news publishers

Meta's new partners include USA Today, People Inc., CNN, Fox News, The Daily Caller, Washington Examiner and Le Monde.

Axios

Apple Taps Meta's Legal Head Jennifer Newstead As General Counsel Amid Executive Shuffle

Apple Inc. (NASDAQ:AAPL) has appointed Meta Platforms‘ (NASDAQ:META) chief legal officer Jennifer Newstead as its new general counsel and senior vice president.

Benzinga

Ken Griffin's Citadel Advisors Heavily Invested in Mag 7 Stocks in Q3 Except One

Ken Griffin's Citadel Advisors purchased millions of shares of Magnificent 7 stocks in Q3 amid AI boom, with one notable exception.

International Business Times UK

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Benzinga

JD Vance Slams EU For 'Attacking' US Big Tech, Defends 'Free Speech' Amid Elon Musk's X Penalty Reports

Vice President JD Vance expressed his concerns about the European Union’s (EU) alleged plans to fine Elon Musk‘s X and called out its censorship and attack on American companies.

International Business Times UK

Zuckerberg Axes Metaverse: Meta Slashes Budget By £52 Billion As VR Dream Implodes

Meta is preparing to slash up to £52 billion from its Metaverse budget as Mark Zuckerberg shifts Facebook's parent company toward artificial intelligence, signalling significant possible job cuts.

Benzinga

Australia Says Its Teen Social Media Is The 'First Domino' In Global Effort To Reign In Tech Giants As Meta Blocks Instagram, Facebook Accounts

Meta Platforms, Inc. (NASDAQ:META) has started deactivating Instagram, Facebook and Threads accounts belonging to Australian users under 16, signaling what eSafety Commissioner Julie Inman Grant calls the "first domino" in a global push to regulate Big Tech.

Benzinga

Cathie Wood Dumps Tesla And Meta Shares, Here Is What Ark Invest Purchased Instead

On Thursday, Cathie Wood-led Ark Invest made significant trades, including selling shares of Tesla Inc. (NASDAQ:TSLA) , Meta Platforms Inc. (NASDAQ:META) , and buying ARK 21Shares Bitcoin ETF (BATS:ARKB). These moves come amid evolving market conditions and strategic shifts in the tech and crypto sectors.

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Benzinga

SoFi Technologies, Oklo, Meta, Ulta Beauty and BigBear.ai: Why These 5 Stocks Are On Investors' Radars Today

Major U.S. indices closed mixed on Thursday, with the Dow Jones Industrial Average slipping 0.07% to 47,850.94. The SP 500 edged up 0.1% to 6,857.12, and the Nasdaq added 0.2% to 23,505.13.

Barchart

Stocks Settle Mixed on Higher Bond Yields

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up by +0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.10%. December E-mini S&P futures (ESZ25 ) rose +0.08%, and December...

Kiplinger

Small Caps Hit a New High on Rate-Cut Hope: Stock Market Today

Odds for a December rate cut remain high after the latest batch of jobs data, which helped the Russell 2000 outperform today.

Barchart

Wall Street Is Cheering Metaverse Spending Cuts at Meta Platforms, But Is META Stock a Buy Here?

Meta stock inches up on reports Mark Zuckerberg will soon announce steep cuts to metaverse spending. Jim Cramer recommends buying META shares heading into 2026.

The Independent UK

Apple loses controversial design chief who launched overhaul of iPhone’s look

Alan Dye will move to work at Meta, which says it wants to focus on design

Barchart

Stocks Pressured as Bond Yields Rise and Chip Stocks Fall

The S&P 500 Index ($SPX ) (SPY ) is down by -0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.28%. December E-mini S&P futures (ESZ25 ) are down -0.07%, and December E-mini...

Android Central

I wore the Oakley Meta HSTN AI smart glasses during a Spartan Race, and it was a game-changer. Here's how this became my secret weapon for unlocking deeper motivation and training harder

Oakley Meta and Ray-Ban Meta smart glasses are proving their worth in a way I didn't expect: as a way to help myself train for Spartan Races.

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