There aren't many better investors, if any at all, than billionaire Stanley Druckenmiller. As a hedge fund manager, Druckenmiller averaged a 30% annual return for three decades and has supposedly never had a year in the red. Today, Druckenmiller manages much of his personal wealth through his family office, the Duquesne Family Office, which had close to $4.5 billion in assets at the end of 2025. During the fourth quarter of the year, Druckenmiller's fund eliminated its position in Meta Platforms (NASDAQ: ...

As filed with the U.S. Securities and Exchange Commission on February 23, 2026 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 WEARABLE DEVICES LTD. (Exact name of Registrant as specified in its charter) Israel 3873 N/A (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 5 Ha-Tnufa St. Yokne'am ...

Core Viewpoint - Meta Platforms is currently trading at a discount compared to the S&P 500, making it an attractive option for investors looking for value in the tech sector [1][7]. Valuation - Meta Platforms has the lowest forward price-to-earnings ratio among the "Magnificent Seven" tech stocks, with a ratio of 21.1, compared to the S&P 500's ratio of 21.9 [3][7]. - The "Magnificent Seven" includes Nvidia, Apple, Alphabet, Microsoft, Amazon, Meta Platforms, and Tesla, all of which are among the largest companies globally [5]. Financial Performance - In Q4 2025, Meta generated $59.9 billion in revenue, a 24% increase year-over-year, with $58.1 billion coming from advertising, which produced an operating income of $30.8 billion [8]. - The Reality Labs division, which focuses on AI and hardware, reported a loss of $6 billion [8]. Investment in AI - Meta is significantly investing in AI, planning to spend between $115 billion and $135 billion on capital expenditures in 2026, primarily for AI initiatives [10]. - Despite the heavy spending on AI, the company is expected to achieve a higher operating income in 2026 compared to 2025, indicating potential growth [10]. Market Concerns - The market is apprehensive about Meta's AI spending, recalling past investments in the metaverse that did not yield expected results [11]. - Until Meta's AI projects demonstrate profitability, the stock may not return to its previous higher valuation levels [12].

Quick Read Bill Ackman bought $1.8B of Meta Platforms (META) after its Q3 earnings dropped on AI spending concerns. Meta is now 11% of the portfolio. Meta’s AI-driven ad ranking delivered 4x more revenue impact than increasing ad load. Meta generated $200B revenue in 2025 with 22% year-over-year growth. Meta trades at 22x forward earnings. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. Bill Ackman ...

I never loved Horizon Worlds, Meta's best attempt at creating a social universe for its VR headsets. In fact, I've completely avoided it. So I'm not at all surprised that Meta now says it'll be refocusing Horizon Worlds on Roblox-like phone games. Is the metaverse dead? No, because the metaverse isn't just Meta: It just co-opted the philosophical term. But the company's biggest investment in virtual worlds has turned out to be a failure. And it's just the "tip of the iceberg pivot" that Meta's doing right n ...

Core Insights - Meta is shifting its focus for Horizon Worlds from the metaverse to a mobile-first approach, explicitly separating it from the Quest VR platform [1][3] - The Reality Labs division has incurred losses of nearly $80 billion since 2020, indicating a significant reevaluation of Meta's VR ambitions [2][7] - Meta has laid off approximately 1,500 employees from Reality Labs, representing about 10% of the division's workforce, and has ceased new content production for the VR fitness app Supernatural [3] Company Strategy - Horizon Worlds, originally launched as a VR platform in 2021, will now prioritize mobile to compete with platforms like Roblox and Fortnite [3] - Meta's VP of content, Samantha Ryan, emphasized the company's capability to deliver synchronous social games at scale, leveraging its vast social network [4] - The company is still committed to developing VR hardware, with a roadmap for future VR headsets tailored to different audience segments [6] Market Focus - Meta's metaverse ambitions are being replaced by a focus on AI, with investments shifting towards AI wearables and the development of proprietary AI models [7] - Sales of Meta's AI glasses have tripled in the past year, marking them as some of the fastest-growing consumer electronics [8]

Meta is dialing back the metaverse to mean something far less futuristic: an app on your phone. The company, which spent billions of dollars to build Horizon Worlds — an immersive, virtual hangout zone on its Quest virtual reality headsets — is "shifting focus" for Horizon Worlds "to be almost exclusively mobile," according to a blog post published on Thursday.Horizon Worlds is part of Meta's Reality Labs division for VR products and smart glasses, a unit that has burned nearly $80 billion since 2020. "Last ...

In this article, we will be taking a look at the 8 Most Promising Metaverse Stocks to Buy According to Hedge Funds.The global metaverse market, driven by AI, AR, blockchain, and VR, is becoming a central component of Web 3.0, blending virtual and physical experiences to create lifelike digital environments.It is reported that the global metaverse market was valued at $105.40 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 46.4% between 2025 and 2030, reaching $936.57 billi ...

Group 1 - Billionaire investor Bill Ackman has disclosed a significant new stake in Meta Platforms, representing about 10% of his hedge fund Pershing Square Capital Management's capital as of the end of 2025, indicating a belief that the stock is undervalued despite volatility [1] - Pershing's annual investor presentation argues that Meta's current share price undervalues its long-term AI-driven growth potential, stating that concerns over heavy AI spending are overstated [2] - Meta's stock has faced pressure due to fears about high AI-related spending and short-term execution risk, but Ackman's investment raises questions about whether the current valuation presents a compelling entry point [3] Group 2 - Meta Platforms is a technology conglomerate known for its influential social media platforms, including Facebook, Instagram, WhatsApp, Messenger, and Threads, and rebranded from Facebook to Meta in 2021 to reflect its focus on immersive technologies [4] - The company develops hardware and AI-driven products through divisions like Reality Labs, with a market capitalization of $1.64 trillion, making it one of the largest technology companies globally [5] - Year-to-date, Meta's stock is down about 2%, slightly underperforming the broader market, while over a 12-month horizon, it has declined 11%, lagging behind the S&P 500 Index's 12% gains [6][7]

Core Viewpoint - Billionaire investor Bill Ackman is making a significant investment in Meta, committing approximately $2 billion, which constitutes 10% of Pershing Square's total portfolio, signaling confidence in Mark Zuckerberg's strategic shift towards AI integration [1]. Investment Details - Pershing Square began acquiring Meta shares in November at an average price of $625 per share, with current trading around $670, resulting in early gains for Ackman [2]. - Ackman views Meta's stock as "deeply discounted," despite concerns regarding the company's aggressive spending on artificial intelligence [7]. Company Performance and Strategy - Meta's "Reality Labs" has incurred losses of $83 billion since 2020, leading to a workforce reduction of 1,500 employees, or 10% of that division [3]. - The company is transitioning from virtual reality projects to AI-powered smart glasses, which Zuckerberg believes will be integral to daily life integration of superintelligence [5]. - Meta plans to invest between $115 billion and $135 billion in 2026 to enhance its AI infrastructure, indicating a period of unprecedented capital expenditure [6]. Market Position and Future Outlook - Despite a decline in Meta's stock over recent months and year-over-year losses, Ackman's investment reflects a broader strategy to position Pershing Square as a key player in the future tech economy, alongside stakes in Uber and Amazon [7]. - Pershing Square has also exited its position in Hilton, indicating a strategic shift away from traditional hospitality towards high-growth technology sectors [8].