The case is being closely watched as governments across the US pursue similar claims seeking to force big tech platforms to change to protect young users A trial beginning ⁠in New Mexico on Monday could prompt a judge to order sweeping changes ⁠to how Facebook,

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.

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 posted Q1 2026 revenue up 33% YoY to $56.31B, far surpassing expectations despite a subsequent 8.5% drop. Learn why META stock is a buy.

Shares of Facebook and Instagram owner Meta Platforms (NASDAQ: META) fell 11.7% in March, according to data from S&P Global Market Intelligence. Meta came under the same pressure as many technology stocks did last month, amid concerns about high spending ...

The startup’s team will join Meta to focus on optimizing its models for robotics applications.

With shares trading around $671 a share in late-morning action, the near-the-money 670 straddle shows traders expecting about 7.3% volatility around the earnings release. Meta ( META) is set to report first-quarter results after the market close, with its earnings call set for 5:30 p.m. ET.