Meta Shifts Spending, UiPath Surges, And Core PCE Ahead

Big tech pivots, AI software rips higher, and the market braces for the Fed's preferred inflation gauge.Zuckerberg Cuts Metaverse SpendingMark Zuckerberg announced that Meta (NASDAQ:META) will cut overall spending by roughly 30 percent, continuing the efficiency wave that reshaped the company last year. But the headline came with a twist… Meta plans to increase investment into AI wearables, signaling a strategic push into on-device intelligence and next-generation hardware.AR glasses, multimodal AI assistan ...