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The Latest Breaking News from metaverse

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.

International Business Times UK

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.

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.

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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...

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.

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.

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...

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Stocks Pressured by Higher Bond Yields and Chip Stock Weakness

Stocks Pressured by Higher Bond Yields and Chip Stock Weakness

The S&P 500 Index ($SPX ) (SPY ) is down up by -0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.38%. December E-mini S&P futures (ESZ25 ) are down -0.12%, and December...

META vs. MSFT: Which Is the Better Stock to Buy for the Next 10 Years?

META vs. MSFT: Which Is the Better Stock to Buy for the Next 10 Years?

With another strong quarter, which tech titan is better positioned to deliver superior returns over the long haul?

Meta Horizon OS gets top-level firepower to combat Android XR

Meta Horizon OS gets top-level firepower to combat Android XR

Meta splits the Metaverse in two and puts a new boss in charge.

Android Central

Meta, Microsoft, Google Are Spending Like It's 2021 — And These AI Stocks Are The Real Winners

Meta, Microsoft, Google Are Spending Like It's 2021 — And These AI Stocks Are The Real Winners

Big Tech's back on a spending binge — only this time, it's not about COVID-19 pandemic-fueled growth or cloud land grabs. Meta Platforms Inc (NASDAQ:META), Microsoft Corp (NASDAQ:MSFT) and Alphabet Inc‘s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google are spending like it's 2021 again, with data centers, GPUs and AI infrastructure replacing metaverse dreams…

Meta's latest bid to get you into the metaverse is the Horizon Engine, promising 'infinite connected spaces, more realistic physics, and higher player counts'

Meta's latest bid to get you into the metaverse is the Horizon Engine, promising 'infinite connected spaces, more realistic physics, and higher player counts'

And beta signups are now open.

The Metaverse is not dead and AI may be its new savior

The Metaverse is not dead and AI may be its new savior

Meta isn't finished with the Metaverse – n fact, AI could take it to a whole new level.

Meta Expands AI Glasses Line In A Bet On The Future

Meta Expands AI Glasses Line In A Bet On The Future

Meta showed off new smart glasses on Wednesday as it continued to bank on a lifestyle shift toward blending reality and virtual space despite the efforts inflicting heavy financial losses.

International Business Times

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Android Central

Meta AI is evolving again, and it's resurrecting the metaverse

Meta Horizon is getting a massive upgrade with a new engine, support for 5x as many people in worlds, photorealistic environments, and even use Meta AI to create your own.

Meta’s Hyperspace lets you scan the real world and turn it into the Metaverse — and create anything you want with new AI tools

Meta introduced new ways to build 3D worlds in the metaverse, plus some new entertainment options in games and movies.

Meta Connect Preview: How To Watch Mark Zuckerberg Speech, What's Next For AI, Smart Glasses & Metaverse

Technology giant Meta Platforms (NASDAQ:META) will lay out new products and plans for its ambitions in artificial intelligence, smart glasses and the metaverse during the company's Meta Connect 2025 event.

What to expect from Meta Connect 2025: Smarter glasses and maybe a smart watch

“This will be the year when we understand the trajectory for AI glasses,” Meta CEO Mark Zuckerberg said on an earnings call.

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How Is Garmin's Stock Performance Compared to Other Future Metaverse Tech And Communications Stocks?

Although Garmin has outperformed its industry peers recently, analysts remain cautious about the stock’s prospects.

Will Meta’s Huge Bet on the Metaverse Pay Off?

The metaverse is the long-shot that could transform Meta, but there are concerns for META stock investors here.

Looks like AI could be the new Metaverse as CEO Mark Zuckerberg will reportedly 'downsize' Meta Superintelligence Labs and buy in third-party AI models

A billion here, a billion there...

Meta's Billion-Dollar AI 'Super Team' Could End Up Like The Metaverse, Warns Venture Capitalist: 'Don't Think Anyone's The '96 Bulls'

Venture capitalist Sarah Kunst of Cleo Capital is raising concerns regarding Meta Platforms Inc.'s (NASDAQ:META) latest reorganization and its high-priced push into artificial intelligence, warning that the strategy could mirror the company's failed metaverse experiment.

Mark Zuckerberg's Costly Metaverse Gamble, AI Spending Spree Could Deal 'Lethal' Blow To Meta, Warns Lawrence McDonald

Lawrence McDonald, founder of the Bear Traps Report, issued a stark warning on Monday about Meta Platforms Inc. (NASDAQ:META), writing on X: “Imagine (Zuck) losing billions on a metaverse bet, and then going all in AI capex? Testosterone can be lethal.”

Mark Zuckerberg says that those not wearing AI smart glasses in the future will be at a 'pretty significant cognitive disadvantage'

During Meta's earnings calls, Mark Zuckerberg intimated that not having smart glasses would put people at a disadvantage compared with those who do.

Mark Zuckerberg says anyone not wearing AI glasses in the future will be at a disadvantage

Zuckerberg said immersive smart glasses could bring the idea of the metaverse to fruition.

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