Meta Platforms (Nasdaq: META) is cutting spending on the underperforming Metaverse and redirecting resources toward AI initiatives. The stock popped on the news as Wall Street has grown concerned the ...
Shock hit markets as 2025 budget moves pushed Meta toward AR wearables. The New York Times reported that Meta plans to ...
The 30% cut in Meta’s budget for this technology can be seen either as a death sentence for the project or as a natural phase within a long-term strategy ...
Forbes contributors publish independent expert analyses and insights. Tim Bajarin covers the tech industry’s impact on PC and CE markets. Mark Zuckerberg announced his Metaverse strategy in late ...
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Global Mofy AI raises US$4.8 million in private placement to expand AI content platforms
The latest announcement is out from Global Mofy Metaverse Ltd. ( ($GMM) ). On December 18, 2025, Global Mofy AI Limited closed a private placement ...
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Meta (META) Stock Pops Following Metaverse Cuts Announcement – Could it Hit $1,000 In 2026?
Summary: Meta Platforms (Nasdaq: META) has faced criticism for investing too heavily in the Metaverse, but the company’s broader business has continued to perform well. During a recent episode of The ...
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