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Meta Plans 30% Cut to Metaverse Budget as Reality Becomes Less Virtual: Bloomberg
Market Intelligence Analysis
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Why This Matters
Meta is planning a 30% cut to its metaverse budget, affecting Horizon Worlds and Quest, as the company retreats from its $70 billion investment in virtual reality.
Market Impact
Market impact analysis based on bearish sentiment with 79% confidence.
Sentiment
Bearish
AI Confidence
79%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Horizon Worlds and Quest are facing layoffs as Meta retreats further from its $70 billion bet on virtual reality, people familiar with the matter told Bloomberg.
Original article published by
Unknown
on December 4, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.