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More →Zuckerberg: Meta will adjust its virtual reality investments and shift its focus to artificial intelligence.
According to CoinWorld news, Meta Platforms (META.O) CEO Zuckerberg stated that the company will adjust the pace of its investment in the virtual reality sector and will shift its focus to artificial intelligence in the future.
Iranian official: If the attacks resume, U.S. political targets will be designated as strike targets.
Fars News, an Iranian media outlet, reported that a senior Iranian security official stated that Iran believes the United States and Israel may launch an attack at any time and no longer trusts the United States' diplomatic gestures. U.S. Secretary of State Rubio's remarks in Athens further deepened Iran's assessment. Iranian political and intellectual elites generally believe that U.S. Middle East policy is dominated by Israel, and that Israel will not allow the United States to seek a diplomatic solution, because U.S. President Trump has always prioritized Israel. Iran now regards itself as already at war with the United States and views the U.S. economic blockade, maritime blockade, and airspace restrictions as a continuation of military aggression. Domestic pressure in Iran to break the blockade through decisive action is rising. The official said that Iran has issued instructions to combat units at all levels: if a new round of large-scale war breaks out, including the assassination of Iranian officials or the killing of civilians, Iran will regard U.S. political targets, parties to the conflict, and their infrastructure as legitimate targets for strikes.
Zuckerberg: Muse AI has higher potential revenue per user than the Meta family of apps.
According to CoinWorld news, Zuckerberg stated that Muse AI may surpass the Meta family of apps in terms of revenue per user.
Meta CEO: Muse AI has higher revenue potential per user than the family of apps.
CoinWorld news, according to Reuters, Meta's CEO said that Muse AI may surpass its family of apps in terms of revenue per user.
Tesla's profit fell for a second consecutive quarter, while free cash flow remained positive.
Tesla (TSLA) reported on Wednesday that its profit fell year-over-year for a second consecutive quarter as the company continues to pour resources into autonomous vehicles, humanoid robots and other emerging technologies. Third-quarter net income dropped to $787 million from $1.4 billion a year earlier, a decline of about 44%. Revenue came in at $28 billion, roughly flat compared with the same period last year. The market had expected third-quarter net income of $785 million and revenue of $27.88 billion. Tesla's third-quarter free cash flow was positive at $1.53 billion, versus market expectations of negative $4.921 billion.
Meta announces stock split, CEO Zuckerberg retains control
CoinWorld news, Yahoo Finance reports that Meta is carrying out a stock split, but the new shares will not carry voting rights. Unlike a traditional split, Meta will give each shareholder one non-voting Class C share, effectively doubling the number of shares. Trading is expected to begin in late January 2027. This structure allows Meta to raise funds for its AI buildout while CEO Mark Zuckerberg retains control of the company. The announcement came alongside record third-quarter revenue of $64 billion, and Meta shares rose more than 3% in after-hours trading.
Meta's Q3 earnings beat expectations, approves new non-voting shares.
BiJie Network News: Meta beat expectations in its Q3 2026 earnings report and approved a new class of non-voting shares, as the company delivered strong performance amid a surge in AI spending.
Tesla's profit fell for a second consecutive quarter, while free cash flow remained positive.
Tesla (TSLA.O) reported on Wednesday that its third-quarter net profit fell to $787 million from $1.4 billion a year earlier, a decline of about 44%. Revenue was $28 billion, roughly flat compared with the same period last year. Tesla said that as the company continues to devote substantial resources to autonomous vehicles, humanoid robots and other emerging technologies, its profit has declined year over year for a second consecutive quarter. Musk had previously warned that Tesla's profits would be affected as the company directs resources into AI-driven autonomous driving technology and humanoid robot development. Revenue from these new businesses remains very limited. Tesla's third-quarter free cash flow was positive at $1.53 billion, while market expectations were for negative $4.921 billion.
The active buy volume share of ETH contracts over the past 4 hours is 45.79%.
CoinWorld data: Over the most recent 4 complete hours, the taker buy volume share of the ETHUSDT perpetual contract was 45.79%, while the taker sell share was 54.21%, with taker selling dominating. Compared with the same-methodology snapshot 24 hours earlier, it fell by 4.6388 percentage points; compared with the same-methodology snapshot 7 days earlier, it fell by 3.1904 percentage points.
U.S. stocks rose as SpaceX drove an AI rebound.
Crypto news: U.S. stocks rose on an AI-driven rally fueled by SpaceX.