Quick Read Meta Platforms (Nasdaq: META) is cutting spending on the underperforming Metaverse and redirecting resources ...

Wall Street is sending a clear signal to Meta Platforms that it wants the company to reduce spending on Reality Labs.

Meta Platforms shares jumped 5% after reports of planned up to 30% budget cuts in its metaverse division, including Horizon ...

It’s not hard to see why Wall Street is so thrilled. After four years and billions of dollars wasted, the metaverse — a ...

Metaverse stocks emerged with a bang a couple of years ago. In fact, Mark Zuckerberg even changed the name of his social media company to Meta Platforms (NASDAQ:META), cementing the idea that the ...

The metaverse has taken a back seat in terms of media attention and investor sentiment about the future of the technology. However, companies continue to pour billions of dollars into the hardware and ...

Metaverse stocks captured immense attention in 2021 before quickly fading from the investment scene. Many now dismiss metaverse stocks as artifacts of the zero interest rate era, and while there’s ...

Shares of Meta Platforms surged Thursday following a report that the company is looking to significantly cut spending on its ...

If you’re an active day trader, penny stocks are part of the lifeblood of the market. Any given day can produce at least a handful of names that ultimately experience explosive moves. Whether it’s 50% ...

The concept of the metaverse -- in essence any immersive virtual world enabled by computing technology -- has been around for decades. The phrase was first coined by sci-fi author Neal Stephenson in ...