Direxion Daily Meta Bull 2x Shares

Meta's Zuckerberg Plans to Build World's Largest AI Base in Louisiana

GIPHY announces multi-year partnership extension with Meta

Meta Hosts First 'Bug Bounty Researcher Conference' in Taiwan, Increasing Investment in AI and Cybersecurity

Integral Ad Science Expands its AI-driven Content Block Lists to Threads

Dutch Authorities Criticize Meta for Insufficient Action Against Online Shopping Scams

Meta Announces Layoffs and Restructuring: 7,000 to Shift to AI, Management Roles Cut

Meta Connect 2026 Conference Set for September 23-24, Focusing on XR and AI

Meta to lay off 8,000 employees this week to fund AI investments

Scale AI Acquired by Meta for $14 Billion, Pivots to AI Applications Strategy

Meta faces deadline to answer Senate inquiry about its stablecoin plans

Meta will reportedly initiate a new round of large-scale layoffs

MGO One Seven Increases Meta Stake by 2.8% in Q4 to 54,356 Shares Worth $35.88 Million

Generali Asset Management SPA SGR Has $40.93 Million Stock Position in Meta Platforms, Inc. ($META).

Citadel increased its stake in Meta during the first quarter

Meta releases Horizon OS v2.4 PTC version, bringing several interface and feature optimizations

DoubleVerify launches AI-powered ad controls on Meta's Threads platform

Meta to hold its annual "Conversations" business messaging conference in London on June 3

Meta introduces new safety features aimed at protecting teens in response to global regulatory pressure

Meta faces EU antitrust order over restrictions on AI chatbots on WhatsApp

Meta plans to begin mass production of its custom AI chip 'MTIA 3' in Q3 2026

InMed Pharmaceuticals

NextNRG

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Meta Platforms

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GIPHY Extends Multi-Year Integration Partnership with Meta | SSTK Stock News

METD

METW

METU

FCOM

Meta Platforms Inc. is laying off 8,000 employees, about 10% of its workforce, starting May 20, despite reporting record profits of $56.31 billion in Q1 2026. The layoffs are part of a strategy to redirect funds towards AI investments, with capital expenditure forecasted between $125 billion and $145 billion. While analysts maintain positive price targets, internal morale is low, and compensation disparities are growing. More layoffs are anticipated in the latter half of 2026 as Meta adjusts to its new operational strategy.

- Meta Platforms Inc. is laying off about 8,000 employees and canceling 6,000 open positions, despite posting record profits in early 2026.  
- The cuts are part of a strategic shift to redirect funds towards AI initiatives, reflecting the company's focus on operational efficiency rather than financial distress.  
- Internal morale is reportedly low, which could impact talent retention, while analysts maintain a bullish outlook with significant price targets despite the stock's underperformance.

benzinga_article

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Meta's 8,000 Job Cuts To Foot The $145B AI Bill

Ray-Ban is offering discounts on its Meta smart glasses, with 15% off the second generation and 25% off the first generation. Prices start at $322.15 for Gen 2 and $223.99 for Gen 1. The glasses feature hands-free photo and video capabilities, music playback, and phone call functionality. Deals are available at Amazon and Best Buy until May 26.

- Ray-Ban has launched discounts on its Meta smart glasses, offering 15 percent off the second generation and 25 percent off the first generation until May 26.  
- The second generation glasses are now priced at $322.15, while the first generation is available for $223.99, both including free delivery options.  
- The updates in the second generation include improved photo and video quality and enhanced battery life, alongside features like hands-free photos and livestreaming capabilities.

Macrumors

Amazon

Best Buy

Ray-Ban Meta Smart Glasses On Sale for Up to 25% Off This Week

DTCR

CLOU

SRVR

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Meta Platforms is shifting 7,000 employees into new AI roles as part of a major workforce restructuring, while also planning to cut about 10% of its staff. This move aligns with CEO Mark Zuckerberg's strategy to prioritize AI, investing heavily in data centers and custom chips for advanced models. Despite the layoffs, META stock has a Strong Buy consensus rating, with a target price suggesting a 33.79% upside potential.

- Meta Platforms (META) is reallocating 7,000 employees to new artificial intelligence roles as outlined in an internal memo from Chief People Officer Janelle Gale.  
- The restructuring includes a workforce reduction of about 10%, or 8,000 workers, to manage AI spending while enhancing efficiency.  
- This shift underscores CEO Mark Zuckerberg's commitment to making AI central to Meta's strategy, as the company invests in advanced models and infrastructure amid increasing competition in the tech industry.

Tip Ranks

Global X Data Center & Dgtl Infrs ETF

Global X Cloud Computing ETF

Pacer Data & Infrastructure Real Estate ETF

Franklin Exponential Data ETF

Proshares Big Data Refiners ETF

iShares US Digital Infrastructure and Real Estate ETF

Alphabet

Alphabet - C

META Shifts 7,000 Workers into New AI Roles as Part of Major Shake-Up

Meta is launching a series of new AI glasses features designed to offer a more intuitive and convenient hands-free interaction experience. According to Jin10, these advancements aim to enhance user engagement by integrating cutting-edge technology into everyday eyewear.

CoinLive

AI TRENDS | Meta Introduces New AI Glasses Features for Enhanced Interaction

Meta is set to lay off 10% of its workforce, approximately 8,000 employees, as part of a shift towards AI technology. Employees are anxious about the impending layoffs, with many fearing job loss due to AI advancements. This follows a trend in the tech industry, where over 100,000 workers have been laid off this year. The layoffs reflect a broader concern about the impact of AI on white-collar jobs, particularly among younger workers with student debt.

- Meta is poised to lay off 10% of its workforce, approximately 8,000 employees, in a restructuring effort focused on reallocating resources toward AI technologies.  
- Employees are experiencing heightened anxiety as they await confirmation of their job status, amidst a widespread trend of layoffs in the tech sector that has affected over 100,000 workers globally since January.  
- The impending layoffs at Meta reflect broader industry shifts, with substantial cuts also seen at companies like Amazon and Block, intensifying fears of job displacement due to AI advancements.

ZeroHedge

Block

Goldman Sachs

GS Hldg R

D-Day For "Huuuge" Meta Layoffs Looms As AI Job Apocalypse Accelerates

DoubleVerify has launched AI-powered pre-screen content controls on Meta Threads, allowing advertisers to avoid unsuitable content before ads are served. This enhancement strengthens brand protection and improves campaign performance. The new controls, part of DV’s Media AdVantage Platform, evaluate content against defined brand suitability thresholds and provide advertisers with greater flexibility through 30 additional content-level avoidance categories. This initiative aims to give advertisers more control over their ad environments and ensure continuous protection as content evolves.

- DoubleVerify has launched AI-powered pre-screen content controls for Meta Threads, allowing advertisers to filter unsuitable content before ad placements.  
- This enhancement complements DV's past offering of post-bid brand suitability measurement, providing a comprehensive solution for media quality and brand protection.  
- The new controls, which refresh automatically, include 30 additional content-level avoidance categories, ensuring advertisers maintain control over content alignment effectively.

fidelity

DoubleVerify

DoubleVerify Launches AI-Powered Content-Level Controls on Meta Threads, Strengthening Brand Protection

Scale AI, sold to Meta for $14 billion, is thriving under new CEO Jason Droege, with revenue expected to surpass $1 billion this year. Following founder Alexandr Wang's departure, the company shifted focus from traditional data labeling to building AI applications for major enterprises and public sector clients. This strategic pivot, along with a significant annual payment from Meta, has contributed to a revenue increase from $870 million to nearly $1 billion in the past year.

- Following the departure of Scale AI founder Alexandr Wang, the company, now led by CEO Jason Droege, is projected to surpass $1 billion in revenue this year, rebounding from uncertainty.  
- The $14 billion deal with Meta, which allowed Wang to transition to a new role, initially caused turmoil within Scale AI but has since led to significant collaboration and growth in AI applications.  
- While Scale AI focuses on expanding its enterprise AI services, it faces challenges and competition in the evolving market, with plans for a potential IPO on the horizon.

Uber Tech

Axon Enterprise

Paramount Global

Cisco

After being sold to Meta for $14 billion, Scale AI is actually thriving.

WhatsApp is introducing a redesigned media attachment sheet for iOS, allowing users to share recent files more efficiently without losing chat context. The new interface features a compact recents section for quick access to photos and videos, with an option to expand to the full media gallery. This update is currently being rolled out to select users of WhatsApp version 26.19.75, as the company tests performance ahead of a broader release.

- WhatsApp is introducing a new media attachment sheet on iOS, allowing users to share recent files more efficiently while maintaining their chat view.  
- The redesigned interface features a recents section in a compact grid format, enabling quick browsing of recent photos and videos, which expands to reveal the full media gallery if needed.  
- This update is being rolled out to some users of WhatsApp version 26.19.75, as part of ongoing performance testing before a broader release, alongside the recent introduction of WhatsApp's Plus subscription.

WhatsApp Begins Rolling Out Redesigned Media Share Sheet on iOS

Meta Platforms is reallocating 7,000 employees to AI-related roles as part of a corporate restructuring that includes a planned 10% workforce reduction, affecting about 8,000 workers. CEO Mark Zuckerberg emphasizes AI as a top priority, with significant investments in talent and infrastructure to enhance AI capabilities. The new structure aims for smaller, more productive teams, while employees in North America are encouraged to work from home during the transition.

- Meta Platforms is reallocating 7,000 workers to focus on artificial intelligence as part of a corporate restructuring, which includes upcoming staff reductions.  
- The new structure aims for a "flatter" organization with smaller teams, intended to enhance productivity and job satisfaction, as emphasized by Chief People Officer Janelle Gale.  
- CEO Mark Zuckerberg prioritizes AI development, investing heavily in talent and resources to compete with companies like Google and OpenAI.

Businesstimes News

OpenAI

Meta moves 7,000 workers into AI roles ahead of job cuts

Finally, some cheer to the markets!

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- U.S. stock index futures increased with Dow up 0.49%, S&P 500 up 0.70%, and Nasdaq up 0.82%.  
- Meta's shares rose 3% after it announced plans to cut 20% of its workforce amid rising AI-related costs, while Nvidia’s upcoming conference may bolster AI market confidence.  
- Despite gains in technology stocks, concerns about elevated crude prices and their economic impact remain a focus for investors.

Reuters

US STOCKS-Wall St futures rise as tech stocks gain; Middle East conflict in focus

I've lost thousands in a few minutes... The plunges came without warning.

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Tech giants, including Apple and Nvidia, lost over $500 billion in market value on Thursday due to Cisco's weak margin outlook and ongoing memory shortages. Apple's market cap fell by $200 billion, marking its worst single-day drop since Liberation Day. The decline was exacerbated by fears of AI disruption, with Cisco's earnings report revealing lower-than-expected gross margin guidance. Other companies like Tesla, Amazon, and Meta also faced significant losses, as rising input costs and supply chain issues compounded the sector's challenges.

- Wall Street faced a significant tech downturn on Thursday, resulting in a loss of over $500 billion in market value across ten major companies.  
- This decline affected both software and legacy hardware firms, with Cisco's earnings report acting as a key catalyst for the broader slump.  
- Factors contributing to the fall included concerns about AI disruption, supply chain issues, and disappointing margin guidance from Cisco despite beating revenue estimates.

Apple

Apple, Nvidia And Other 8 Tech Stocks Just Wiped Out $500 Billion As A New Threat Emerges

$Meta Platforms(META.US) $Direxion Daily Meta Bull 2x Shares(METU.US) over 21ma daily. Trade working. after 4 up days and a couple of gap ups may need some basing.Source: Sunrise Trader

After the Nasdaq recorded its second-largest single-day drop since the 'tariff panic' in April, it opened lower today and quickly fell below 21,000 points during the session. The technology sector, represented by artificial intelligence, has been sold off for two consecutive days.

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US tech stocks have fallen sharply for two consecutive days, with the Nasdaq dropping below 21,000 points. Has the 'August curse' arrived as expected?

Surge in capital expenditures and accelerated commercialization of AI inject a strong boost into the industrial chain for tech giants.

Microsoft + Meta ignite the AI carnival night, these three sectors surged in the US night market!