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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 Surges Over 5% as Zuckerberg Plans 30% Cut to Metaverse Efforts

12/04/2025, 14:08
12/04/2025, 14:10
AI SUMMARY
●Mark Zuckerberg announces plans to cut Metaverse efforts by up to 30%
●Meta stock ($META) reacted positively, surging over 5% following the news
●Investors have reportedly awaited a reduction in the company's heavy Metaverse spending for years
Meta ($META) stock has surged more than 5% following reports that CEO Mark Zuckerberg intends to reduce the company's Metaverse initiatives by up to 30%. Market participants have reportedly been anticipating this strategic shift for years, responding positively to the announcement which signals a potential reduction in heavy capital expenditure on the virtual reality project.

Sources (1)

01The Kobeissi Letter↗
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