Reports that Meta plans to slash its metaverse budget by as much as 30% have eased investor concerns around AI spending and ignited a rally

Investors remain cautious about the AI push, however. In October, Meta’s shares dropped more than 10 per cent, wiping more than $208bn from its valuation — its second-biggest one-day loss — after Zuckerberg announced plans for even more aggressive spending on AI next year.

Mark Zuckerberg’s soup is handcooked. OpenAI’s soup comes from a high-end Korean restaurant. It’s soup for the AI soul.

What unfolded was not a typical technology conference; it was a global moment of responsibility, reflection, and vision. Interviewing Zuckerberg remotely, I felt the conversation’s human pulse. He was not just CEO; he was a human wrestling with influence, ethics, and the emotional weight of shaping tools billions use.

Sen. Bernie Sanders slammed soaring billionaire wealth as new Bank of America data shows many lower-income Americans still struggling with stagnant wages, persistent inflation and a widening economic divide.

Meta CEO Mark Zuckerberg has made a bold move as he appointed 28-year-old Alexandr Wang who founder of Scale AI to lead Meta’s entire AI operation.

Instagram is mandating a five-day return to office for US-based employees starting February 2026, aiming to boost creativity and collaboration. Chief Adam Mosseri announced this, alongside plans for fewer meetings,

The stock set a fresh peak (intraday) of $796.25 on Aug. 15, and is down about 20% since. ・Meta's forward P/E is currently 21.74, a discount to S&P's P/E, but consensus analysts' stock price target models imply roughly 31% upside.