Meta Platforms Inc
Some AI stocks that trade at a reasonable price, according to Citigroup
Investors should turn to less explored pockets of the market to find stocks that are a play on the artificial intelligence boom but also offer growth at a reasonable price (GARP), Citigroup analysts say. Discernment is growing in the tech sector amid concern of an AI investment bubble, recently driving a wedge between winners and […]
Read More
Apple announces departure of general counsel and policy chief
Apple’s general counsel, Kate Adams, and its vice president for environment, policy, and social initiatives, Lisa Jackson, are retiring from the company, the iPhone maker announced on Thursday. Jennifer Newstead, Meta’s chief legal officer, will become Apple’s new general counsel in March, and Jackson’s government affairs staff will report to her, Apple said. The two […]
Read More
Stocks making the biggest moves midday: Meta Platforms, Kroger, SAIC, PVH, Snowflake and more
Check out the companies making the biggest moves midday: Meta Platforms — The Facebook and Instagram parent advanced 4%. Managers led by CEO Mark Zuckerberg are weighing cuts as deep as 30% in Meta’s “metaverse group” in 2026, Bloomberg reported. Kroger – The Cincinnati-based supermarket chain dropped 6.5% after third-quarter revenue lagged Street estimates, identical […]
Read More
Cramer says this retail stock is ‘one of the greatest performers of all time’
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. Stocks were little changed Thursday as Wall Street overlooked mixed labor market data. U.S. layoff announcements in November pushed the year’s total above 1.1 million, the highest level since […]
Read More
Mark Zuckerberg comes to his senses on metaverse spending, and we’re thrilled
Is the “year of efficiency” Mark Zuckerberg back at Meta Platforms ? Shares of the social media giant rallied more than 5% to $676 each at Thursday’s highs after Bloomberg reported that Zuckerberg is set to reduce metaverse spending up to 30%. The metaverse group, which works on the company’s virtual “Horizon World” environment and […]
Read More
Meta stock climbs 4% on report of planned metaverse cuts
Meta CEO Mark Zuckerberg has repositioned the social media giant as an AI company. Vincent Feuray | AFP | Getty Images Meta Platforms shares popped about 4% higher on Thursday after Bloomberg reported that CEO Mark Zuckerberg was looking to make significant cuts to the company’s metaverse resources. Bloomberg said that executives have considered budget […]
Read More
Weak jobs data, Salesforce earnings, GM’s ‘Silicon Valley cowboy’ and more in Morning Squawk
A sign at a NYS Department Of Labor job fair at the Downtown Central Library in Buffalo, New York, US, on Wednesday, Aug. 27, 2025. Lauren Petracca | Bloomberg | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to […]
Read More
CNBC’s Inside India newsletter: How a government app in India triggered a backlash over internet freedom
MUMBAI, INDIA – SEPTEMBER 20: People take the selfie with the new IPhone 16 at the Apple store in Bandra-Kurla Complex during the first day of sale of the iPhone 16 smartphone on September 20, 2024 in Mumbai, India. Hindustan Times | Hindustan Times | Getty Images The report is from this week’s edition of […]
Read More
Meta faces Europe antitrust investigation over WhatsApp AI policy
Meta has been hit with an EU antitrust investigation over its use of AI features in WhatsApp, as the European bloc continues to ramp up challenges to US big tech giants. The probe will examine whether Meta’s new policy on allowing AI providers’ access to WhatsApp may breach EU competition rules, Brussels said in a […]
Read More
Design executive behind ‘Liquid Glass’ is leaving Apple
File: Then Apple Creative Director Alan Dye celebrates the launch of the July Issue at the new WIRED office on June 24, 2015 in San Francisco, California. Kimberly White | Getty Images Apple‘s head of user interface design, Alan Dye, will join Meta, in a notable shift of executive talent in Silicon Valley. The iPhone […]
Read More