line.Meta Platforms

.Meta’s shares rose over 5% after Bloomberg reported Zuckerberg will cut the metaverse budget, especially Reality Labs, by up to 30%. The division has lost $4.4 billion this quarter and over $70 billion since 2021. Analysts view the trim as fiscal discipline, projecting a $2 EPS boost by 2026 and a potential $40‑$50 per‑share premium. Meta is shifting focus to AI‑driven ad tools and consumer‑friendly smart glasses, aiming for nearer‑term revenue while keeping long‑term immersive research alive.