Meta's betting big on an AI future -- and paying for it today.

A single line in Meta's guidance wiped out billions in market cap while the underlying business barely budged.

MENLO PARK — As Meta Platforms reports billions in revenue amid plans to cut thousands of positions worldwide, the tech giant announced that it will pause its development of a new Menlo Park mixed-use neighborhood that was planned near the company’s headquarters.

The market for Meta Platforms hitting $740 during the week of April 27, 2026, is currently priced at 0.1% for a YES outcome, down from 2% in the past 24 hours. This reflects a sharp decline in confidence following the $4 billion loss reported by Meta’s Reality Labs.

New Mexico's attorney general is asking a Santa Fe judge to order sweeping restrictions on how minors use social media.

Meta Platforms (NASDAQ:META) sits at a $1.7 trillion market cap, putting it in rare air. Yet, the company has flirted with the $2 trillion mark multiple times over the past year, only to see momentum fade.

Meta Platforms (NASDAQ: META | META Price Prediction) reported Q1 2026 results after the close on April 29, beating on both lines. Yet the stock opened down 9.79% this morning at $603.61. The market is fixating on a raised capex outlook and a planned debt deal.

Meta Platforms, Inc. (NASDAQ:META) is one of the 10 Best AI Stocks to Watch in May. On April 30, Evercore ISI increased its price target on Meta to $930 from $900 and kept an Outperform rating on the shares as it highlighted the company’s AI deployment strength,