Meta - TechWire

Meta

2025.10.27

17:42

Shares of U.S. rare earth miners fell in pre-market trading, with MP Materials (MP.N) down 6%, USA Rare Earth (USAR.O) down 8% and Critical Metals (CRPL.O) down nearly 10%.

16:10

The US tech "Seven Sisters" stocks rose before the market opened, with Nvidia up 1%.

The "Seven Sisters" of U.S. technology stocks generally rose before the market opened, with Meta, Amazon, Microsoft, Tesla, Nvidia, and Google A up 1%, and Apple up 0.8%.

2025.10.25

04:16

The three major U.S. stock indexes all closed higher and hit new historical highs

All three major US stock indices closed higher, reaching new all-time highs. The Nasdaq Composite Index rose 1.15%, bringing its weekly gain to 2.31%. The Dow Jones Industrial Average rose 1.01%, bringing its weekly gain to 2.2%. The S&P 500 rose 0.79%, bringing its weekly gain to 1.92%. The semiconductor sector led the gains, with AMD rising over 7% and Micron up over 6%. Large technology stocks mostly rose, with Nvidia and Google up over 2%, Amazon and Apple up over 1%, and Microsoft, Intel, and Meta rising slightly. Tesla fell over 3%, and Netflix fell over 1%. The Nasdaq China Golden Dragon Index closed up 0.27%, bringing its weekly gain to 2.4%.

01:17

European Commission says Meta violates EU Digital Services Regulation

On the 24th local time, the European Commission announced that it had preliminarily determined that Metaverse (also known as Zuckerberg's Meta Platforms Inc.) had violated the EU's Digital Services Act. If the company fails to correct the suspected violations, it could be fined up to 6% of its global turnover.

2025.10.24

19:20

Truist Securities: Raised Meta Platforms (META.O) price target from $880 to $900.

18:53

Meta plans to lay off about 600 employees in its artificial intelligence division

Meta, the parent company of tech giant Facebook, plans to lay off approximately 600 employees in its artificial intelligence division. Reportedly, these layoffs do not affect employees of its newly established TBD lab, which previously hired top AI researchers from competitors such as OpenAI and Apple at high salaries. The layoffs are reportedly intended to address organizational bloat stemming from a massive hiring spree to rapidly advance its AI projects. Meta has reportedly been actively adjusting its AI strategy in recent months to keep pace with its competitors, investing billions of dollars in infrastructure projects and talent acquisition.

17:48

Market news: The European Commission preliminarily determined that Instagram and Facebook, both owned by Meta Platforms (META.O), have failed to fulfill their obligations to regulate illegal content.

17:48

Market news: The European Commission preliminarily determined that Meta Platforms (META.O) had violated transparency obligations under the EU Digital Services Act (DSA).

06:11

California billionaires may face a one-time 5% wealth tax

Billionaires in California will face a one-time 5% wealth tax, a measure that supporters say could raise about $100 billion for the state's healthcare costs. The proposal faces significant challenges, but if passed, it would target approximately 200 California residents worth $1 billion or more. Four of the world's top ten richest people live in California: Meta founder Mark Zuckerberg, Nvidia founder Jensen Huang, and Google founders Larry Page and Sergey Brin, with a combined fortune of more than $840 billion. At current valuations, these four individuals alone could face a tax bill exceeding $40 billion. To place the proposal on the November 2026 ballot, advocates need to collect more than 870,000 signatures. The text of the ballot proposal, submitted Wednesday, must still be reviewed by the California Attorney General and undergo 30 days of public deliberation.

2025.10.23

23:46

According to Business Insider: Meta Platforms (META.O) will cut jobs in its risk division.

2025.10.22

04:59

The three major U.S. stock indexes closed mixed, with the Dow Jones Industrial Average hitting a new high.

The three major US stock indices closed mixed, with the Dow Jones Industrial Average rising 0.47% to a new high, the S&P 500 closing flat, and the Nasdaq Composite falling 0.16%. Large technology stocks saw mixed gains and losses, with Amazon rising over 2%, Intel, Apple, Microsoft, and Meta seeing slight gains; Google fell over 2%, Tesla fell over 1%, and Nvidia fell slightly. Chinese concept stocks fell across the board, with the Nasdaq China Golden Dragon Index closing down 0.97%. Alibaba fell nearly 4%, JD.com and Miniso fell nearly 3%, and Baidu fell over 2%. Bilibili bucked the trend, rising nearly 6%.

03:09

According to the Wall Street Journal, BlackRock ETFs were among the largest investors in a $27 billion private debt deal backing Meta Platforms (META.O) to build a data center in Louisiana. The funds purchased more than $3 billion in bonds last week, BlackRock ETFs disclosed.

2025.10.21

04:13

All three major US stock indexes closed up more than 1%, with Apple hitting a record high and concept stocks generally rising.

All three major US stock indices closed up over 1%. The Nasdaq rose 1.37%, the Dow Jones Industrial Average rose 1.12%, and the S&P 500 rose 1.07%. Large technology stocks rose across the board. Strong demand for the iPhone 17 pushed Apple's stock up about 4% to a new high. Netflix rose over 3%, Intel and Meta rose over 2%, Tesla, Google, and Amazon rose over 1%, Microsoft rose slightly, and Nvidia fell slightly. Most popular Chinese concept stocks rose. The Nasdaq China Golden Dragon Index closed up 2.39%. iQiyi rose over 8%, NIO rose nearly 5%, Kingsoft Cloud rose over 4%, Alibaba rose nearly 4%, and Bilibili and Baidu rose nearly 2%.

2025.10.20

18:08

TrendForce predicts that the penetration rate of OLEDoS in VR/MR will rapidly increase to 58% in 2030

A recent report from TrendForce indicates that OLEDoS, a display technology for mid- to high-end VR/MR devices, is experiencing breakthroughs in both the supply chain and applications, with its penetration rate projected to rapidly increase to 58% by 2030. Due to shipment performances from international brands such as Meta, Apple, and Sony falling short of expectations, TrendForce estimates that global VR/MR product shipments will decline to 5.6 million units in 2025. Despite short-term development challenges, global shipments are projected to reach 14.4 million units in the long term, driven by major brands' dual focus on software and hardware upgrades.

16:02

US tech stocks "Seven Sisters" generally rose before the market opened

The "Seven Sisters" of U.S. technology stocks generally rose before the market opened, with Tesla up 1%, Amazon and Nvidia up 0.7%, Meta and Apple up 0.5%, Google A up 0.3%, and Microsoft up 0.2%.

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