Meta Surges 4% on Metaverse Cuts as Costco Drops $11B After Sales Miss
(Market Pulse) – Despite muted stock movement on Thursday, key tech players made headlines. $META surged 4% after news of major metaverse layoffs, while $COST dropped 3% following softer U.S. sales. $CRM posted strong earnings and raised guidance, propelled by AI, even as AI continues to threaten its core business model. U.S. layoffs have surpassed…
