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Meta reaches new 52-week high as analysts view new Muse AI agent as a game-changing consumer growth strategy across 3.6B users.
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All 11 sectors are lower in Tuesday's regular session, with Financials, Consumer Staples and Consumer Discretionary at the top of the table. The leaders are clustered rather than separated, with the first three sectors grouped within a narrow range of performance.
Meta and IMAX Corporation have entered into an agreement to make Meta's upcoming VR glasses the first IMAX Enhanced certified virtual reality device.
Micron Technology's stock has plummeted 40% since October 7 due to concerns about AI spending returns, Chinese competition in memory chips, and expectations of peak memory pricing in early 2028 followed by significant price declines. Trading at a low 3.7x forward earnings multiple, analysts project earnings will peak at $227.1 billion in 2028 before declining to $148.7 billion by 2030, suggesting a $5,000 investment could remain flat or double by 2030 depending on valuation multiples.
Pixelworks partners with Meta to bring TrueCut Motion cinematic technology to VR glasses, expanding immersive entertainment capabilities.
Pixelworks, Inc. has entered into a multi-year partnership and device certification agreement with Meta to integrate TrueCut Motion technology into Meta's VR hardware.
The article compares Qualcomm and Western Digital as infrastructure-focused tech stocks for 2027. Qualcomm dominates mobile chipsets with a 31.6% net margin but faces customer concentration risk with Apple and Samsung. Western Digital benefits from cloud storage demand with an exceptional 72.9% net margin but is heavily dependent on three major cloud customers. The author recommends Qualcomm over Western Digital, citing concerns that data storage markets are cyclical and currently trading at inflated valuations driven by AI hype.