Entrepreneur45d agoneutral
Who Will Be the Next Trillionaire After Musk? Here’s What the Prediction Markets Say.Prediction market traders give Mark Zuckerberg the best shot at joining Elon Musk in the 13-digit club — but put his odds at just 32%.
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Investing.com45d agoneutral
Meta unveils lower-priced AI smart glasses starting at $299Investing.com -- Meta Platforms announced Tuesday a new line of AI smart glasses in partnership with EssilorLuxottica, marking the company's first entry into lower-priced models under its own brand.
Zacks45d agoneutral
Company News for Jun 23, 2026Companies in The News Are: APGE, ABBV, DLR, META, SNDK
Yahoo Finance46d agoneutral
Meta debuts AI-powered Meta Glasses, starting at $299Meta is launching a new line of AI-powered smart glasses called Meta Glasses.
Reuters Videos46d agobearishVIDEO
EU to ramp up Meta probe into addictive design: Bloomberg<body><p>STORY: The European Commission plans to ramp up its probe into Meta, a Bloomberg report said. </p><p>The EU alleges the social media giant designs its platforms to be addictive to children. </p><p>The report said the bloc is preparing preliminary findings but has not set a date for the announcement.</p><p>It’s not the first time Meta has faced scrutiny from the commission. </p><p>It first opened a probe into the company under the Digital Services Act in May 2024, due to concerns it had not adequately addressed risks to children.</p><p>In April it charged Meta with breaching its tech rules…</p><p>And said the Instagram owner must do more to block children under 13 from accessing social networks. </p><p>The report said the EU is considering curbs similar to those announced by the UK and other countries after an expert panel delivers recommendations next month.</p><p>Meta and the European Commission did not immediately respond to Reuters requests for comment. </p><p>Reuters could not independently verify the report.</p><p>Meanwhile, a source told Reuters the social media giant is pushing for legal protection in Washington. </p><p>The source said Meta is lobbying U.S. lawmakers for language that would shield social media firms from certain claims tied to minors’ safety and privacy.</p></body>
Investor's Business Daily46d agobearish
Oracle Cut 21,000 Jobs Last Year As AI Costs SurgedOracle disclosed a 2026 headcount of 141,000, down by 21,000 from a year earlier, after a round of AI-related layoffs.
Proactive46d agobearish
Nasdaq tipped for steep fall amidst 'rotation not liquidation' in techUS stocks looked set for a sharply weaker open on Tuesday as a sell-off in technology shares deepens across global markets. Futures point to losses for the Nasdaq 100 of around 849 points, or 2.8%, while the S&P 500 is set to shed 1.3% and the Dow Jones to drop 0.4%. The weakness...
MT Newswires46d agoneutral
Update: Market Chatter: Meta Halts AI Training Program Involving Employee Digital Activity(Updates with response from a Meta spokesperson in the fourth paragraph.) Meta Platforms (META) h
Investor's Business Daily46d agoneutral
AI Stocks In A Bubble? Comparisons To 1999 Appear. What Strategists Say.If tech investors needed any reminders of the 1990s dot-com bubble, strategists made new comparisons to today's AI stocks.
Benzinga46d agoneutral
Peter Schiff Warns California’s Proposed Billionaire Tax Could Trigger A ‘Mass Exodus’ Of Entrepreneurs Like Mark ZuckerbergEconomist Peter Schiff has warned that California faces a “mass exodus” of ultra-wealthy entrepreneurs, including Meta Platforms Inc. CEO Mark Zuckerberg, if voters pass a proposed 5% billionaire wealth tax. Deconstructing the warning, Schiff highlighted the hidden danger of taxing unrealized asset valuations, which he claims will trigger severe capital flight and permanently erode the state’s tax base. The Wealth Confiscation Trap The proposed ballot measure applies a 5% tax on net worth exceed
MT Newswires46d agobearish
Market Chatter: Meta Faces Escalating EU Probe Over Allegations of Addictive Design Targeting ChildrenMeta Platforms (META) is set to come under intensified scrutiny from European regulators, as the Eur
Barrons.com46d agoneutral
The ‘Tech Wreck’ Forces Wall Street to Ask How Much Upside Is Left in the High-Flying StocksStocks could be facing the end-of-quarter reckoning many investors feared when Elon Musk’s SpaceX unveiled plans for its multibillion-dollar initial public offering and Federal Reserve Chairman Kevin Warsh took over the central bank’s policy reigns earlier this month. The early signs of a late June “tech wreck” started to formulate Monday, with Google parent Alphabet shedding more than $225 billion in market value, its biggest slump in more than a year, and SpaceX extending its three-day decline to more than $600 billion. Shares in SpaceX were falling 4.3% in premarket trading Tuesday, putting them below $150 a share.
Reuters Videos46d agoneutralVIDEO
Oracle workforce shrinks by about 21,000 amid AI adoption<body><p>STORY: Oracle's total workforce declined 13%, or about 21,000 employees, in its fiscal 2026.</p><p>It's as the cloud computing giant continued restructuring its business...</p><p>partly driven by the adoption of AI across its operations.</p><p>The company had a total workforce of 141,000 as of May 31...</p><p>down from about 162,000 as of the same period last year.</p><p>Oracle's annual filing said it spent $1.84 billion in severance payments and other exit costs.</p><p>It follows multiple reports earlier this year about Oracle cutting thousands of jobs.</p><p>The company did not respond to a Reuters request for comment.</p><p>Worries are quickly mounting over job losses due to AI disruption.</p><p>196 tech companies laid off more than 119,000 employees so far this year...</p><p>That's according to a website tracking sector-wide job cuts.</p><p>Oracle has in recent months signed massive data-center deals with OpenAI and Meta...</p><p>to compete more forcefully with rivals such as Amazon and Microsoft.</p><p>However, unlike these tech giants who fund their substantial outlays through large cash flows, Oracle has had to resort to burning cash and issuing debt.</p><p>Shares of the company are down about 10% this year.</p></body>
Reuters46d agobearish
Stocks hit by Fed rate reality check; oil slipsBy Amanda Cooper LONDON, June 23 (Reuters) - Global stocks fell on Tuesday, led by broad-based declines in technology stocks, as investors expect the Federal Reserve to take more aggressive action to
Motley Fool46d agoneutral
Ranking the "Magnificent Seven" From Most to Least Attractive, Based on Future Cash FlowAmong Nvidia, Alphabet, Apple, Microsoft, Amazon, Tesla, and Meta Platforms, there are two exceptional bargains that have embraced artificial intelligence (AI).
Bloomberg46d agoneutral
SpaceX Rout Set to Push Market Value Below $2 Trillion(Bloomberg) -- SpaceX shares extended declines in premarket trading, a day after the company saw the second-largest single-session drop in market value on record. Most Read from BloombergSpaceX Falls for Third Day, Erases $600 Billion in Market ValueOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesKorean Stocks Tumble 10% as Extreme Volatility Rattles InvestorsStocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets WrapMeta Invests $900 Million in Cred, Taps Founder to Head Wh
BeInCrypto46d agoneutral
OpenAI Pitches Chatbot Ads at Cannes as $1 Trillion IPO LoomsOpenAI debuted its ChatGPT ad pitch at Cannes Lions, but top executives and users alike are pushing back hard.
Insider Monkey46d agoneutral
Jim Cramer Discusses Major Market Questions About Meta Platforms (META)We recently published Jim Cramer Discussed Expensive Phones, A Cheap Stock Sector & These 18 Stocks. Meta Platforms, Inc. (NASDAQ:META) is one of the stocks discussed by Jim Cramer. Social media giant Meta Platforms, Inc. (NASDAQ:META) has positioned itself as a key player in the hyperscaler AI capital expenditure race. Its shares are down by […]
The Wall Street Journal46d agoneutral
Oracle Sheds 21,000 Jobs as It Continues AI-Focused StreamliningThe tech company’s head count shrank by roughly 13% in its previous fiscal year, as it continued to invest in artificial intelligence.
AFP46d agoneutral
Indian startup head appointed as new WhatsApp bossMeta has tapped Indian fintech founder Kunal Shah as the new head of WhatsApp, as the US tech giant seeks ways to monetise the messaging app's massive user base.This experience is likely to help WhatsApp as it seeks new revenue streams that go beyond the core advertising business of Meta, which also runs Facebook and Instagram.
BeInCrypto46d agoneutral
Meta To Pour $900 Million Into CRED as Its CEO Joins MetaMeta names CRED founder Kunal Shah as WhatsApp's new head and leads a $900 million round in his Indian fintech.
Oilprice.com46d agoneutral
How Many Barrels of Oil Do AI Data Centers Consume on a Daily Basis?In 2017, mining one Bitcoin took 20 barrels of oil. Today it's 500, and AI's appetite dwarfs it. Inside the energy math and the miner cashing in.
Benzinga46d agoneutral
Elon Musk’s X Executive Trolls Meta For Its Workplace Woes, Extends Better ‘Snack Budget’ Offers To Neglected EmployeesAs Meta Platforms, Inc. reportedly moves to boost employee morale following layoffs and organizational changes with improved office perks, an X executive appeared to joke about poaching the company’s engineers by promising even better "snacks." X Uses Meta’s Morale Push To Recruit Engineers The latest jab in the battle for tech talent came after Meta Chief Technology Officer Andrew Bosworth said the company would improve snacks and beverages in its office kitchens as part of a broader effort to
Zacks46d agoneutral
Meta Platforms (META) Sees a More Significant Dip Than Broader Market: Some Facts to KnowMeta Platforms (META) closed at $563.85 in the latest trading session, marking a -2.32% move from the prior day.
Motley Fool46d agobearish
Stock Market Today, June 22: Alphabet Falls as AlphaFold Co-Creator’s Exit Raises AI Talent ConcernsAlphabet has the scale to fund AI, with investors looking for Gemini, Google Cloud, and Search to turn that spending into measurable growth as talent concerns intensify.
Insider Monkey46d agoneutral
Analyst Trims Price Target on Entergy (ETR). Here is WhyEntergy Corporation (NYSE:ETR) is included among the 13 Best Electrical Infrastructure Stocks to Buy in 2026. Entergy Corporation (NYSE:ETR) is an integrated US energy company that provides electricity to more than 3 million utility customers in Arkansas, Louisiana, Mississippi, and Texas. On June 10, BMO Capital lowered its price target on Entergy Corporation (NYSE:ETR) from […]
MediaPost46d agoneutral
Meta Names Indian Entrepreneur Kunal Shah As WhatsApp ChiefWhatsApp's new leader will be Kunal Shah, the Indian entrepreneur and founder of Cred, a fintech startup that Meta has decided to invest $900 million into during a recent financing round.