Meta cuts over 1,000 jobs from its Reality Labs division as the company shifts its focus from metaverse products to wearable technology investments and development.
Michael Burry, the famously contrarian investor, issued a scathing critique following Meta Platforms, Inc. (NASDAQ: META) following CEO Mark Zuckerberg's announcement of a massive initiative to build
Summary Burney U.S. Factor Rotation ETF increased its position in Meta Platforms Inc by 0.44%, purchasing 122 shares to hold a total of 27,851 shares as of t
The first Big Tech layoffs of 2026 have happened. This week, Facebook owner Meta Platforms informed employees that up to 1,500 positions in its Reality Labs division would be eliminated.
Meta plans to cut roles in its metaverse unit as it pivots to AI-devices. Nancy Tengler, CEO and CIO of Laffer Tengler Investments, who has been bearish on Meta, discusses why she supports a move away
Meta and eyewear maker EssilorLuxottica are reportedly considering doubling their capacity to produce Ray-Ban Meta smart glasses from 10 million to 20 million by the end of the year. If demand continu

Meta Rebalances Workforce Toward AI

12:17pm, Tuesday, 13'th Jan 2026
Meta Platforms (META) is adjusting its workforce, cutting about 10% of its virtual reality staff as it channels more people and spending toward artificial intel
Meta Platforms and EssilorLuxottica are discussing potentially doubling production capacity for AI-powered smart glasses by the end of this year. Meta previously announced it is cutting more than 1,

OpenAI Expands ChatGPT Health With Torch

12:16pm, Tuesday, 13'th Jan 2026
OpenAI said it has acquired healthcare startup Torch for about $100 million, adding a key building block to ChatGPT Health just days after the product's launch.
AI investors remain bullish on AI stocks, with nine out of 10 planning to maintain or increase their positions. Nvidia has a 92% share of the GPU market and benefits from AI data center spending.

Buy Or Sell Meta Stock?

11:05am, Tuesday, 13'th Jan 2026
Meta Platforms (NASDAQ: META) is reportedly laying off 10% of its Reality Labs workforce, highlighting the ongoing challenges within its metaverse division. While the segment has struggled with massiv
Michael Zezas, deputy head of global research at Morgan Stanley, discusses the outlook for Magnificent Seven stocks and the performance of US mid- and small-caps. He speaks on Bloomberg Television.
Wedbush analysts said recent changes at Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) reflect a more disciplined and intentional investment approach,...
Meta and EssilorLuxottica are considering doubling the production capacity of their artificial intelligence-powered smart glasses to 20 million units annually by the end of this year, Bloomberg News r
Live Updates Credit Card Cap 1 hour ago Live The financial industry is responding to President Trump's decree that credit card interest rates should be capped at 10%. JPMorgan CFO Jeremy Barnum believ
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