Meta Platforms, Inc. (NASDAQ:META) is one of the Must-Watch AI Stocks on Wall Street. On December 4, Mizuho analyst Lloyd Walmsley reiterated an Outperform rating on the stock with an $815.00 price target. The rating affirmation follows potential cuts to Metaverse; which signal upside for Meta and could potentially add $2/share to 2026 EPS. A Bloomberg report from December 4 has revealed that Meta CEO Mark Zuckerberg is expected to meaningfully cut resources for building metaverse; Zuckerberg’s idea of a ...

Core Viewpoint - Meta is significantly reducing its budget for the metaverse division by 30%, marking a shift away from its previous focus on the metaverse towards more profitable areas, particularly AI [1][4][20]. Group 1: Budget Cuts and Personnel Adjustments - Meta is considering a budget cut of up to 30% for its metaverse department, primarily affecting the Meta Horizon Worlds social platform and Quest VR hardware [4][19]. - Since early 2021, Reality Labs has incurred losses exceeding $70 billion, prompting this budget reduction as a direct response to Wall Street's pressure [5][20]. - The company may initiate layoffs affecting 10% to 30% of employees in the metaverse division as early as January 2026 [7][22]. Group 2: Talent Acquisition and Resource Allocation - Despite cutting VR budgets, Meta is investing in high-level talent by hiring former Apple design executive Alan Dye as Chief Design Officer for Reality Labs [23][24]. - Dye will lead a new creative studio focused on integrating design, fashion, and technology for next-generation AI products, emphasizing the strategic importance of design aesthetics [25][32]. - The funds saved from the budget cuts are expected to be redirected towards AI glasses and other wearable technology projects, as competitors slow their efforts in virtual reality [22][32]. Group 3: Divergence in Technical Direction - Meta's Chief AI Scientist Yann LeCun is leaving to establish a new AI company, AMI, which will focus on "world models" rather than the mainstream generative AI approach [27][29]. - LeCun criticizes the prevailing generative AI models, arguing they lack essential elements for achieving human-level intelligence [28][29]. - AMI will operate independently from Meta, although it will maintain a collaborative relationship without accepting Meta's investment to ensure research independence [30][31]. Group 4: Strategic Balance and Future Challenges - Meta's recent actions reflect a pragmatic strategy, reallocating resources from the metaverse to AI infrastructure and hardware that show market potential [32][33]. - The introduction of top design talent aims to ensure that future AI hardware excels in user interaction aesthetics [32]. - By allowing independent exploration in foundational AI theories, Meta is diversifying its technological bets, mitigating risks associated with focusing solely on generative models [32][33].

Group 1: Global Economic Outlook - Major global economies are expected to end their interest rate cuts by the end of 2026, with the OECD predicting only two more rate cuts by the Federal Reserve, bringing the rate down to 3.25%-3.50% [2] - The European Central Bank is set to begin its easing cycle in June 2024, with a total of eight rate cuts anticipated [2] - Japan is experiencing a unique tightening cycle, potentially accelerating rate hikes to counter inflation pressures from new government policies [3] Group 2: China's Monetary Policy - The People's Bank of China conducted a 10 trillion yuan reverse repurchase operation, indicating a focus on maintaining liquidity in the market [4] - Despite the need for more aggressive monetary policy due to slowing economic growth, the central bank has remained silent on interest rate cuts, emphasizing long-term policy adjustments [5] Group 3: E-commerce and Delivery Standards - New national standards for food delivery platforms have been implemented, focusing on the rights of delivery personnel and ensuring fair labor practices [6] - The standards require platforms to calculate delivery times based on a maximum speed of 15 km/h for electric bike riders, which may impact delivery efficiency [7] Group 4: Real Estate Market Trends - The second-hand housing market in major cities like Beijing, Shanghai, Guangzhou, and Shenzhen showed significant increases in transaction volumes in November, driven by demand for affordable housing [8] - The overall market remains in a state of price-volume exchange, with some cities showing signs of price stabilization, but the recovery foundation is still fragile [9] Group 5: E-sports Industry Growth - The Chinese e-sports industry is projected to generate 29.331 billion yuan in revenue by 2025, with a year-on-year growth of 6.4% [10] - Live streaming continues to dominate revenue sources, accounting for over 80% of total income, indicating a reliance on consumer engagement [10][11] Group 6: Meta's Strategic Shift - Meta's CEO Mark Zuckerberg plans to cut the budget for the metaverse project by up to 30%, shifting focus towards AI and related hardware products [12] - The metaverse sector has seen slow technological advancement, leading to a strategic pivot towards AI, which presents clearer business opportunities [12] Group 7: Stock Market Performance - The stock market experienced a rebound, with significant gains in the Shanghai Composite Index and the ChiNext Index, driven by expectations of potential interest rate cuts [14] - The trading volume increased significantly, indicating active market participation and a potential shift in investor sentiment [14][15]

Core Viewpoint - Meta is planning to reduce its metaverse budget by 30% by 2026, reallocating funds to AI glasses and wearable devices, with potential layoffs in the metaverse division starting as early as January [2][5][6] Group 1: Budget Cuts and Resource Reallocation - The reduction in the metaverse budget is part of Meta's overall budget planning for 2026, with a goal of achieving a 10% overall cost reduction across departments [6] - The metaverse division, which includes products like Meta Horizon Worlds and Quest VR hardware, is expected to face significant cuts due to underperformance and high spending [5][6] - Meta's spokesperson indicated that the company is shifting investments from the metaverse to AI glasses and wearable devices, citing positive progress in these areas [5] Group 2: Financial Performance and Market Reaction - As of December 4, Meta's stock price rose by 3.43% to $661.53 per share, with a market capitalization of $1.67 trillion [2] - The Reality Labs division, which encompasses the metaverse projects, has incurred losses exceeding $70 billion since early 2021 [7] Group 3: Leadership and Strategic Focus - Meta has made leadership changes, moving executives from the metaverse division to focus on AI products, indicating a strategic shift towards AI and consumer hardware [8][9] - The company is expected to invest hundreds of billions in data centers and AI development in the future, reflecting a pivot away from the metaverse [9]

智东西12月5日消息，昨晚，据外媒报道，Meta首席执行官马克·扎克伯格（Mark Zuckerberg）正计划削减元宇宙的资源投入，Meta管理层考虑在2026年将 缩减该业务板块30%的预算，节省下来的资金将用于AI眼镜与可穿戴设备等业务板块。若削减计划实施，元宇宙业务最早可能于明年1月份开始裁员，比 例将占该部门员工总数的10%至30%。 受该消息影响，截至12月4日收盘，Meta股价上涨3.43%，报每股661.53美元（约合人民币4678.1元），市值为1.67万亿美元（约合人民币11.81万亿）。 Meta的元宇宙业务板块包括虚拟世界产品Meta Horizon Worlds和Quest系列虚拟现实硬件产品，隶属于现实实验室（Reality Labs）部门。此次调整将主要 影响支出占比较高的虚拟现实业务，Horizon Worlds业务同样面临调整，由此节省的资金将重新配置至其现实实验室的其他项目，包括AI眼镜与可穿戴设 备。 Meta发言人在给外媒的一份声明中称："鉴于公司在AI眼镜及可穿戴设备领域的积极进展，我们正将部分投资从元宇宙转向该方向，暂无更大规模的调整 计划。"目前，最终决定尚未作出 ...

Group 1: Employment and Economic Indicators - The report from Challenger, Gray & Christmas indicates that while layoffs in U.S. companies decreased in November compared to October, they remain the highest for the same period in the past three years, although the year-on-year growth rate is showing signs of slowing down [2] - Strong employment data coexists with moderate layoffs, creating a complex fundamental tone for the U.S. stock market, reflecting both economic resilience and cost pressures [4] Group 2: Meta's Strategic Shift - Meta is reportedly considering a budget cut of up to 30% for its metaverse business unit, which includes products like Meta Horizon Worlds and the Quest virtual reality division [6] - This move is interpreted as Meta shifting its strategic focus from high-investment, high-risk metaverse projects to areas that emphasize efficiency and short-term returns, boosting investor confidence [6] - Following this news, Meta's stock opened with a 5.7% increase, significantly contributing to the market's initial rise, although the overall market later declined due to macroeconomic pressures [6] Group 3: Federal Reserve Policy Expectations - Kevin Hassett, a potential new chair for the Federal Reserve, expressed expectations that the Fed may lower interest rates by 25 basis points in the upcoming meeting, indicating a shift towards a more dovish monetary policy [7] - His comments provided emotional support to the volatile U.S. stock market, which managed to stabilize slightly by the end of the trading day [7] Group 4: Google Cloud and Replit Partnership - Google Cloud has entered a strategic partnership with AI coding startup Replit, which aims to enhance Google Cloud's influence in the AI sector, particularly in the rapidly growing "vibe coding" market [9][11] - Replit's impressive growth, with annual revenue skyrocketing from $2.8 million to $150 million within a year, underscores its strong market demand and positions it as a key partner for Google Cloud [14] - The collaboration focuses on "vibe coding," allowing users to generate code through natural language, significantly lowering the barriers to software development [15][16] Group 5: Market Trends and Replit's Strategy - Replit claims to have over 500,000 enterprise users, indicating a broad application of its platform beyond traditional software development, including product design and marketing [17] - The partnership with Google Cloud is not exclusive, as Replit also collaborates with competitors like Microsoft, showcasing a flexible "co-opetition" strategy that maximizes its platform's capabilities across different cloud services [20]

拟削减Meta元宇宙预算最高30% 实际上，Meta的元宇宙项目一直受到投资者的审视，不少人认为这是一个没有前途的"无底洞"。另外，扎克伯 格近年来在公开场合及公司财报电话会议中已很少再提及"元宇宙"，而是更多探讨AI相关。 当然，对于本次拟议预算计划，Meta尚未作出最终的决定。 --- 原文链接：https://news.nweon.com/136516 （映维网Nweon 2025年12月05日）马克·扎克伯格曾全力押注元宇宙，并推动公司从Facebook改名为Meta。但 根据彭博社报道，这家公司已在讨论在2026年对元宇宙事业群削减高达30%的预算，而这等大规模的削减很可 能最早在明年1月伴随裁员展开，涉及Meta Horizon Worlds和Quest业务。不过，最终决定尚未作出。 据悉，Meta首席执行官马克·扎克伯格于一个月前在夏威夷庄园与高管们举行了会议，并讨论了公司战略和明 年的计划。由于元宇宙业务发展未达预期，且Reality Labs持续巨亏（自2020年以来已累计亏损超过600亿美 元），同时集团正大举投资AI，所以他们商讨对其进行大幅度的预算削减。 在消息传出后，Meta股价大幅 ...

知情人士透露，Meta计划大幅削减元宇宙部门预算，最高可能达30%，并可能在明年1月裁员。 最新消息显示，扎克伯格将大幅削减Meta用于建设"元宇宙"的资源——这一项目曾被他视为公司的未来，也是将 公司从Facebook更名为Meta的理由。 知情人士透露，Meta高管们已讨论在明年将元宇宙部门的预算削减高达30%的可能性。该部门包括虚拟世界产 品Meta Horizon Worlds和Quest虚拟现实业务。 上月，扎克伯格在夏威夷住所主持了一系列会议。作为2026年度预算规划的一部分，他不仅计划削减元宇宙，还 要求各高管全面削减约10%的项目，这与过去几年预算周期中的标准要求一致。 知情人士表示，如此大幅的削减很可能意味着Meta最早在明年1月就会裁员。元宇宙部门被要求更深度削减，因 为公司并未看到预期的竞争程度。不过，公司尚未敲定最终决定。 他们表示，多数削减预计将落在Meta的虚拟现实团队上，因为这部分占据了元宇宙相关支出的大头，Horizon Worlds也将成为削减目标。 2021年，扎克伯格以元宇宙理念为核心重新塑造公司，并开始大举投入。但整个元宇宙计划一直受到投资人的质 疑，他们认为该项目是资 ...

【#Meta拟削减元宇宙项目支出至多30%#】据报道，Meta首席执行官扎克伯格计划将元宇宙项目支出削 减至多30%。此次削减涉及虚拟世界平台"Meta Horizon Worlds"以及虚拟现实部门Quest。如此大规模的 削减很可能最早在明年1月伴随裁员展开，但最终决定尚未作出。（界面） ...

新 》 社 主管主办 上海浴券泵 (3)中国证券网 【国际宏观】 美国上周首次申请失业金 以来的最低水平 【企业资讯】 北京时间12月5日，日韩股市低开。日经225指数跌0.98%，报50530.34点；韩国综合指数跌0.12%，报4023.50点。 当地时间12月4日，美股三大指数窄幅震荡，最终收盘涨跌不一。截至收盘，标普500指数涨0.11%，报6857.12点；纳指涨0.22%，报23505.14点；道指跌 0.07%，报47850.94点。 Meta拟砍掉元宇宙部门? 微软将在全球范围上调面 Office办公软件订阅价格 大宗商品贸易巨头摩科瑞 所的亚洲仓库提取大量铜 【机构观点】 世界黄金协会:明年金价 高盛:2026年铜价将在1 间震荡 【市场回顾】 欧洲三大股指12月4日全线上涨。英国伦敦股市《金融时报》100种股票平均价格指数报收于9710.87点，较前一交易日上涨18.8点，涨幅为0.19%；法国巴黎 股市CAC40指数报收于8122.03点，较前一交易日上涨34.61点，涨幅为0.43%；德国法兰克福股市DAX指数报收于23882.03点，较前一交易日上涨188.32点， 涨幅为0.79% ...