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2026April › 28

Meta

3 months ago

Meta heads into earnings Wednesday after the bell with the fundamentals case largely intact. But the technicals are a bit shaky.
When Mark Zuckerberg's Meta acquired Manus, a Singapore-based AI startup with Chinese roots, many saw a routine deal. They don't know China.
Meta introduced its new AI model at the beginning of the second quarter, so Mark Zuckerberg's commentary about the future will be key during earnings.
Beijing's decision to block Meta's acquisition of Manus is a warning to other startups thinking of relocating data, talent and intellectual property abroad.
Former employees at AI giants are raising hundreds of millions of dollars from investors months on from launching.

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