Meta Platforms (META.O) saw a 4% increase in pre-market trading on December 4, 2025, following CEO Mark Zuckerberg's announcement of a 30% reduction in the company's Metaverse budget. This strategic move is part of Meta's efforts to streamline operations and focus on more immediate revenue-generating projects. The budget cut reflects a shift in priorities as the company adapts to changing market conditions and investor expectations.
Meta Platforms Shares Climb 4% on Metaverse Budget Cut Announcement
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