Meta stock plunges 15% as company plans to invest heavily in artificial intelligence
Meta stock plunges 15% due to heavy AI investment plans overshadowing strong financial results, raising concerns about future growth.
Mixed reality News & Breaking Stories
Vision Pro vs Quest 3: A comparison of the two devices
Meta CEO Mark Zuckerberg says Meta's "Quest is the better product, period" than Apple's Vision Pro. The headsets have different strengths.
Meta stock beats earnings estimates, surges by 4%
Meta (META) beats earnings expectations in Q3, with advertising revenue of $33.64 billion and a 31% increase in ad impressions. Shares rise 4% in after-hours trading.
Meta Quest 3, Ray-Ban Meta Smart Glasses
Pre-orders for Meta's Quest 3 virtual reality headset and new Ray-Ban Meta smart glasses are now available.
Get Weekly News Updates
Subscribe to SHUT Newsletter and be up to date with the current events. Be informed, don't settle for fake news.