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BREAKING01:36 AM
Fluid Co-founder Confirms Vaults Rehypothecate Collateral and Lack Full Isolation↗
Alert01:36

Fluid Co-founder Confirms Vaults Rehypothecate Collateral and Lack Full Isolation

Alert01:06

Lighter Spot Goes Live with ETH: Launch Details & Incentives

Gov01:05

X Terminates EU Commission Ad Account Citing Reach Manipulation

Alert00:54

Jupiter COO Admits 'Zero Contagion Risk' Marketing Was Inaccurate

Alert00:21

Whale Fat-Fingers $2M HYPE Sell Order, Triggering 2.6% Flash Crash

Crypto00:06

Spot XRP and Solana ETFs See Sustained Inflows; SOL Products Hit $638M Cumulative

Macro00:05

US Home Delistings Surge 28% to Highest September Level Since 2017

Crypto23:06

Paxos' Stablecoins (USDG & PYUSD) See Rapid Growth and Lead Major Market Cap Segment

Alert22:06

Justin Sun Alleges $500M Techteryx Fraud Scheme Involving FDT, Legacy Trust, and Vincent Chok

Crypto22:06

Aztec Network Concludes First CCA on Uniswap with $59M Committed; Settlement 59% Above Floor

Alert22:06

Kevin Hassett reportedly poised to be next Fed Chair; predicts rate cut

Macro22:06

US Market Share Volume Hits Record Highs Amid Retail Boom

Crypto22:06

Centrifuge Records $1.3 Billion Inflows with Sky Ecosystem Allocation

Crypto22:06

Rayls Labs Secures $1B Tokenized Credit Commitment for 2026 Mainnet

Crypto22:06

Base Network TVL Nears ATH as Armstrong Teases December 17 Update

Summary22:00

24H Summary: Hyperliquid Integrates Native USDC & French Bank BPCE Enters Crypto

Summary21:15

6 Hour Summary: Jupiter Retracts 'Zero Risk' Claims & Hyperliquid Lists SOL Ticker

Gov21:06

Poland Becomes Sole EU MiCA Holdout After Parliament Fails to Overturn Veto

Crypto21:06

CZ Emphasizes Strict Private Key Isolation for Hardware Wallets

Macro21:06

US Small Business Bankruptcies Surge to Records as Inflation Persists

 
Alert

Meta Stock Rises as Zuckerberg Pivots from Metaverse to AI

12/04/2025, 16:14
12/05/2025, 21:06
AI SUMMARY
●Meta plans to cut Metaverse division efforts by up to 30%, sparking a stock rally.
●Billions in funding are reportedly being reallocated to accelerate AI development.
●Analysts project a potential 20% upside for the stock driven by this strategic pivot.
Mark Zuckerberg has indicated plans to scale back the company's Metaverse initiatives by up to 30%. This development signals a reduction in the aggressive virtual reality expansion that has been a primary focus for the company. Following the news of the strategic cutbacks, the company's stock price climbed nearly 4% as investors reacted to the cost-saving measures. [Update] Further reports clarify that the reduced Metaverse spending is being reallocated to fund artificial intelligence development. Analysts view this strategic pivot away from the heavy capital expenditure of the Metaverse positively, suggesting it could potentially lift Meta's share price by another 20%.

Sources (2)

01@TheBlock__↗02Autism Capital 🧩↗
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