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Why Is Meta Stock Jumping Today? Metaverse Division Faces 30% Budget Cut
/ Market Analysis

Why Is Meta Stock Jumping Today? Metaverse Division Faces 30% Budget Cut

Meta stock gained 4% following reports that the company will scale back metaverse spending by as much as 30%, prompting investor optimism.

December 04, 2025
Customer Sues Dolce & Gabbana Over Delayed NFT Delivery and 97% Drop in Value

Customer Sues Dolce & Gabbana Over Delayed NFT Delivery and 97% Drop in Value

A class-action lawsuit was filed against Dolce & Gabbana and UNXD, alleging delays in delivering NFTs and associated benefits.

May 17, 2024
Meta Up 9% Premarket After Strong Earnings Reported with “Monster” Guidance

Meta Up 9% Premarket After Strong Earnings Reported with “Monster” Guidance

Meta Platforms' shares rallied 9% higher in Thursday premarket trading after the company's strong Q2 2023 report.

July 27, 2023
Shanghai Aims to Generate $6.9B Annually with Web3 Tourism Projects

Shanghai Aims to Generate $6.9B Annually with Web3 Tourism Projects

Shanghai aims to build thirty culture and tourism metaverse projects by 2025.

June 27, 2023
Apple Expected to Launch VR Headset at WWDC, Stock Up 1% Premarket

Apple Expected to Launch VR Headset at WWDC, Stock Up 1% Premarket

Apple's long-awaited VR headset will be priced at $3,000, considerably more than similar devices sold by other tech giants.

June 05, 2023