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Meta (META) stock pops following metaverse cuts announcement – could it hit $1,000 in 2026?
Quick Read 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 ...
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 ...
The metaverse—a digital realm in which people connect, work and socialize—is gaining momentum at warp speed. This online universe, accessed through tech like virtual reality (VR) and augmented reality ...
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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 ...
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 ...
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