Meta Platforms Inc. is planning layoffs that could affect 20% or more of the company according to Reuters. That would work out to about 15,000 jobs. Kurt Wagner reports. -------- Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: https://www.youtube.com/playlist?list=PLfAX25ZLrPGTygCwn55voYZ_LYyKjxokJ Get the latest in tech from Silicon Valley a ...

S&P 5006,709.50 +1.30% Dow Jones47,024.60 +1.16% Nasdaq 10024,705.80 +1.55% Russell 20002,513.99 +1.61% FTSE 10010,359.40 +1.18% Nikkei 22554,617.00 +2.43% Live Nasdaq Composite: Tech Leads, Oil Eases With AI's Next Chapter in Focus $100,000 in These 4 ETFs Pays Over $500 a Month in Dividends - 24/7 Wall St. Investing $100,000 in These 4 ETFs Pays Over $500 a Month in Dividends By David BerenPublished Mar 16, 11:41AM EDT Follow 24/7 Wall St. on Google This post may contain links from our sponsors and affili ...

Nvidia’s GPU Technology Conference, which starts today, might soon need a new name https://t.co/lZrasq9KDr ...

Alibaba is setting up a business unit to bring its sprawling AI services and development endeavors under a single umbrella, signaling its determination to profit off artificial intelligence https://t.co/0bBCHqtNTQ ...

The State Street Technology Select Sector SPDR ETF (XLK 0.75%) and the iShares U.S. Technology ETF (IYW 0.95%) both aim to capture the performance of the U.S. technology sector, appealing to investors seeking growth through leading tech companies. This comparison examines their costs, risk profiles, and portfolio makeup to help clarify which fund may appeal to different investors.Snapshot (cost & size)MetricXLKIYWIssuerSPDRiSharesExpense ratio0.08%0.38%1-yr return (as of March 15, 2026)27.89%28.22%Dividend ...

Core Insights - Warren Buffett's cautious approach as CEO of Berkshire Hathaway included selling approximately $134 billion in equities during a bull market, while simultaneously increasing the company's cash and short-term investments from $128.6 billion to $373.3 billion [1][3][4] Investment Strategy - Buffett's strategy involved trimming significant positions in major companies like Apple, Bank of America, and Amazon, indicating a defensive posture amid market volatility [3][6] - The increase in cash reserves is seen as a preparation for potential market downturns, allowing for strategic investments when opportunities arise [7][9] Market Perspective - Buffett compared the modern stock market to a casino, expressing concerns over market behavior driven by artificial intelligence and investor speculation, which he believes could lead to a market "conflagration" [6][12] - The current market environment is characterized by extreme stock valuations and global instability, prompting Buffett's defensive actions [6][10] Legacy and Future Outlook - By leaving a substantial war chest for his successor, Greg Abel, Buffett has provided flexibility for future investments, allowing for swift responses to market opportunities [9] - Berkshire Hathaway's massive size means that accumulating cash may be a default strategy, as few investments can significantly impact its overall performance [10]

📉 META REPORTEDLY PLANNING MASSIVE LAYOFFS THAT COULD CUT UP TO 20% OF ITS WORKFORCEAccording to @Reuters, senior executives have been told to start planning for broad workforce reductions aimed at offsetting rising AI infrastructure costs.Meta employed nearly 79,000 people as of December 2025, meaning the cuts could affect over 15,000 workers.The company plans to invest up to $600 billion in data center infrastructure by 2028 and recently acquired AI startup Manus for at least $2 billion.If implemented, th ...

Munger convinced him to pay $25 million for See's Candies, a beloved California chocolate company. By the valuation methods Buffett had learned from Benjamin Graham, this was overpaying — See's wasn't cheap relative to book value. Buffett nearly killed the deal over the last $25,000. Munger told him he was "slipping back into the stone age" (6).Charlie Munger thought this was insane. Or at least severely limiting.Before See's, Buffett was a bargain hunter in the purest sense — what he called "cigar butt" in ...

Core Insights - Investors can gain insights into expert investment strategies through Form 13F filings, which disclose trades of managers overseeing over $100 million in securities [1] Group 1: Dan Loeb's Investment Moves - Dan Loeb sold shares of several AI leaders but increased his position in Nvidia, which has surged approximately 453,000% since its IPO, indicating confidence in its future growth potential [2] - Loeb oversees $7.2 billion in 13F securities, with technology stocks being a significant focus, comprising three of the top five positions in his portfolio [5] Group 2: Market Environment and AI Stocks - The fourth quarter of the previous year saw AI stocks initially climbing, but concerns about high valuations and potential bubbles led to declines in November [4] - Nvidia is positioned to benefit from a projected $4 trillion spending on infrastructure by the end of the decade, particularly in AI chip demand [7] Group 3: Specific Stock Movements - Loeb closed his position in Meta Platforms, which had accounted for 1.8% of his portfolio, and reduced his holdings in Amazon by 22% and Microsoft by 15%, while increasing his Nvidia position by nearly 4% [8] - Nvidia now represents over 7% of Loeb's portfolio, making it his second-largest holding, reflecting ongoing confidence in its growth prospects [8] Group 4: Future Outlook - Nvidia is expected to benefit as data centers expand, requiring advanced chips for AI applications, which positions the company favorably in the market [9] - Despite selling Meta, which rose about 140% during Loeb's holding period, the moves indicate a continued commitment to the AI sector, suggesting that many AI stocks may still have significant growth potential [11]

Meta reportedly considering layoffs that could affect 20% of the company https://t.co/qj8v4Kdr7g ...