The Leak agency has reported that Mark Zuckerberg may step down as CEO of Meta next year, an unofficial source said. According to the article, Zuckerberg has been facing pressure due to rising expenses of Metaverse project.
(UPDATE) These news were later denied by the company.
Meta (META.US) stock price did not experienced significant price swing following the news. Price is currently testing local resistance at $111.50. Source: xStation5
Daily summary: Wall Street rebounds after the sell-off 🔼 US dollar strengthens on solid NFP data, oil prices fall
Vistra shares surge nearly 10% after earnings, driven by strong AI power demand
US Open: Nasdaq rebounds after the largest decline since 19-month 🔼 Lam Research surges 12%
Airbnb surges 12% driven by revenue dynamic at 3-year high