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Meta Cuts Verse, $3.25 Billion In Flux AI, As AI Axe Falls On Ad Crews [Forbes]

QUALCOMM Incorporated (QCOM)  More Company Research Source: Forbes
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Everyone has been saying, for years at this point, if Meta chucked the whole experiment aside, even the modestly successful part, the stock price would go up. Maybe a lot. This is a significant reversal, but Reality Labs' head Andrew Bosworth did say this was a “make or break” year, and I don't see much ‘make.' We know they like a big ‘break' there. So. The company is reallocating money and staff toward AI, especially agent based features for messaging, search, creation tools, and commerce. The move highlights how AI, not VR, now drives Meta's product roadmap, executive focus, and capital allocation decisions. Black Forest Labs raised $300 million at a $3.25 billion valuation. Salesforce Ventures and AMP led the round with participation from Nvidia, a16z, Temasek and existing backers. Black Forest Labs builds the Flux family of image generation models, which power creative and commercial workflows and integrate with platforms like Adobe and Canva. Flux Two introduces four K output, [Read more]
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Stockreport

Meta Cuts Verse, $3.25 Billion In Flux AI, As AI Axe Falls On Ad Crews [Forbes]

QUALCOMM Incorporated  (QCOM) 
More Company Research Source: Forbes
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Everyone has been saying, for years at this point, if Meta chucked the whole experiment aside, even the modestly successful part, the stock price would go up. Maybe a lot. This is a significant reversal, but Reality Labs' head Andrew Bosworth did say this was a “make or break” year, and I don't see much ‘make.' We know they like a big ‘break' there. So. The company is reallocating money and staff toward AI, especially agent based features for messaging, search, creation tools, and commerce. The move highlights how AI, not VR, now drives Meta's product roadmap, executive focus, and capital allocation decisions. Black Forest Labs raised $300 million at a $3.25 billion valuation. Salesforce Ventures and AMP led the round with participation from Nvidia, a16z, Temasek and existing backers. Black Forest Labs builds the Flux family of image generation models, which power creative and commercial workflows and integrate with platforms like Adobe and Canva. Flux Two introduces four K output, [Read more]
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EVENT TIME:
QCOM
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS