In an internal Q&A with employees, Meta's CEO says company will shrink teams and develop more new apps as AI changes workflows.
On April 30, 2026, Meta Platforms Inc (META) shares fell 8.7% to a current price of $611.23. This drop comes amid a 52-week range of $520.26 to $796.25, reflect

AI's $700 Billion Question

05:00pm, Thursday, 30'th Apr 2026
Alphabet says AI demand is outrunning supply
Meta's Chief Executive Mark Zuckerberg attributed the company's plan for ​layoffs to increased capital expenditures and declined to ‌rule out further cuts, in comments delivered to employees at an
Meta previously announced it will cut 10% of its staff next month. Meta's HR chief told staff in a meeting that she can't promise further layoffs won't happen.
Alphabet stuns with a 93% earnings beat as cloud and AI fuel growth, lifting shares and spotlighting ETFs with heavy exposure.
Meta is upping its AI investments. Wall Street's not sure how that will pay off.
BNP Paribas analyst Nick Jones said Meta Platforms Inc's (NASDAQ:META) latest results highlight strong operating momentum, even as higher capital spending weighs on near-term stock performance.
The threat from Meta comes just weeks after a New Mexico jury slapped the company with $375 million in civil penalties and ruled that the company failed to protect kids from sexual predators on its ap
Meta has seen a surge in business users employing its artificial intelligence (AI) tools. Speaking during the company's Wednesday (April 29) earnings call, CEO Mark Zuckerberg said these tools were ha
Caterpillar bulldozed its way to a 10% gain and dragged the Dow along for the ride. Meanwhile, Big Tech had a rougher morning.
The Investment Committee debate how to trade the winners and losers out of the recent mega-cap earnings reports. Meta falls after raising capex but Steve Weiss is buying more, he calls in with the det
Yesterday, two of the biggest tech giants in the AI boom reported their latest earnings.
Meta slides after earnings beat as higher 2026 capex and weak user metrics spook investors, putting META-heavy ETFs like VOX in focus.
Meta Platforms delivered robust Q1 results, with 33% YoY revenue growth and a 62% EPS beat, yet shares fell on increased capex guidance. The market overreacted to META's Capex hike to $125–$145B for
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