Meta stock jumping as Bloomberg reports Metaverse budget cuts
2:32
Yahoo
Meta stock jumping as Bloomberg reports Metaverse budget cuts
Meta Platforms (META) stock is jumping in Thursday's premarket trading on reports that the company will be cutting its Metaverse budget by up to 30%, according to Bloomberg reporting. Yahoo Finance tech editor Dan Howley reflects on the company's Metaverse project since its introduction in 2021. To watch more expert insights and analysis on the ...
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