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 ...