Meta (META) Shuts Down Horizon Worlds VR After $80B Losses, Stock Unmoved
Meta is shutting down Horizon Worlds VR platform by June after $80 billion losses and low user adoption; stock remains unaffected despite major Reality Labs layoffs.
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Recently added · Page 1Meta Platforms (META) Gains Momentum with $27B AI Deal as Reality Labs Losses Mount
Meta signed a $27B AI infrastructure deal with Nebius, faces significant Reality Labs losses, cuts Horizon Worlds support on Quest, and launches new creator monetization and flagship showrooms.
Nvidia (NVDA) Edges Higher Amid AI Hype While Bitcoin (BTCUSD) Eyes Gradual Capital Rotation
Analysts suggest Nvidia remains key in AI growth, though further gains may slow. Bitcoin could benefit from AI stock peak-driven capital rotation but is expected to grind sideways with no rapid surge…
Apple (AAPL) Soars as Soros Fund Raises Stake While Alphabet (GOOGL) Dips Slightly
Soros Fund Management increased its Apple stake by 19%, signaling confidence, while slightly reducing its Alphabet (Google) holdings by 2.9% amid portfolio shifts reported for Q4 2025.
Apple (AAPL) Scales Back AI Health Coach Plans, Affecting Short-Term Innovation Outlook
Apple is reducing its ambitions for a new AI-driven health coach service, potentially delaying innovation impact in its health product segment.
Alphabet (GOOGL) Dips on Heavy AI Spending Forecast; Nvidia (NVDA) Gains on Chip Demand Boost
Alphabet beat Q4 estimates but forecast high 2026 spending, dragging shares down. Nvidia and AMD gained on Google's AI chip demand plans. Amazon edged up ahead of earnings, with AWS revenue growth ex…
Microsoft (MSFT) Rebounds as ChatGPT Growth Spurs Senior Staff Changes
Microsoft's ChatGPT success led to senior staff departures, highlighting internal shifts amid AI growth prospects.
Meta (META) Soars as UK Taps Its AI for Sovereign Public Service Revolution
Europe is recalibrating alliances amid global uncertainty. The UK partners with Meta to develop open-source AI for public services, promoting sovereign tech. Trade deals and diplomatic moves signal E…
Meta (META) Dives on Reality Labs Layoffs Amid Strategic Shift to AI and Wearables
Meta laid off 10% of Reality Labs staff, shifting focus from metaverse to AI and wearables. The company announced Meta Compute AI initiative and appointed Dina Powell McCormick as President, reflecti…
Microsoft (MSFT) Soars on Strong AI Cloud Growth and Major OpenAI Contract Amid Alibaba Profitability Woes
Microsoft reported strong AI-driven cloud growth, robust margins, and secured a major OpenAI contract, signaling sustainable revenue expansion, while Alibaba faces severe profitability challenges des…
Amazon (AMZN) Soars on $10B OpenAI Investment Driving Trainium Chip Adoption; Nvidia (NVDA) Slumps
Amazon considers a $10 billion investment in OpenAI to promote its Trainium chips, potentially reducing Nvidia's chip sales while benefiting Amazon's AI hardware ambitions and boosting Marvell's cust…
Google (GOOGL) Sheds Executive to OpenAI, Raising M&A Concerns and Competitive Pressure
OpenAI hires Albert Lee, formerly from Google, as head of corporate development, signaling potential increased M&A activity in AI sector impacting Google negatively.
Nvidia (NVDA) Dips 2% as Oracle Raises Spending Forecast and Signals Diverse Chip Sourcing
Oracle's rise in spending forecast and comments on chip sourcing pressured Nvidia, causing a 2% drop amid mixed tech market moves, while major indexes like the DJIA reached new highs.
Amazon (AMZN) Soars on AI Cloud Push and $80M Blue Current Investment Despite Chip Business Shift
Amazon's AWS boosts revenue through AI cloud investments and anchors $80M funding for Blue Current. Competitor gain from Amazon's chip business loss caused Marvell's stock drop.
Meta Platforms (META) Slashes Metaverse Budget by 30%, Shaking Investor Confidence
Meta Platforms plans significant budget cuts of up to 30% for its Metaverse division next year, signaling reduced investment in this strategic area.
Alphabet (GOOGL) Soars as Gemini AI Pressures OpenAI and Triggers SoftBank Selloff
Alphabet’s new Gemini AI model fuels fears of OpenAI losing ground, causing SoftBank shares to plunge while Alphabet hits record highs, highlighting shifting investor sentiment in AI sector investmen…
Apple (AAPL) Shares Dip as Lead Designer Abidur Chowdhury Departs Company
Apple designer Abidur Chowdhury, key to the iPhone Air, has left the company, raising potential concerns about product design continuity and innovation.
Amazon (AMZN) Dips as Major Investors Slash Holdings Despite AWS Growth
Amazon's major investors Valueact and Bridgewater reduced stakes by around 9.6%, signaling cautious sentiment despite Amazon's diversified revenue and growth via AWS.
NVIDIA (NVDA) Plummets as SoftBank Sells Entire Stake Worth $5.83B
SoftBank Group sold its entire $5.83 billion stake in NVIDIA, signaling a major sell-off in the stock amid portfolio shifts.
Meta (META) Edges Up 0.45% as Qualcomm and Broadcom Stocks Slide
Meta shares showed a slight increase of 0.45% amid mixed market performance from peers Qualcomm and Broadcom.