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Meta (META) Stock Pops Following Metaverse Cuts Announcement – Could it Hit $1,000 In 2026?

Summary by 247wallst.com
Quick Read Meta Platforms (Nasdaq: META) is cutting spending on the underperforming Metaverse and redirecting resources toward AI initiatives. The stock popped on the news as Wall Street has grown concerned the company’s spending is getting out of hand in 2026. Meta’s current valuation is low due to investor skepticism, but disciplined execution and AI growth could drive shares significantly higher. With Meta Platforms trading between 20X and…

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247wallst.com broke the news in New York, United States on Sunday, December 14, 2025.
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