The Latest Breaking News from Mark Zuckerberg

Jesse Eisenberg believes The Social Reckoning will be a "wonderful movie" but he felt he had outgrown playing Mark Suckerberg.

Fantastic timing with that crack.

On Wednesday, Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg addressed investor concerns about the profitability of the company's growing wearables business during the third-quarter earnings, saying Meta's investment in smart glasses and augmented reality devices could eventually turn into "an extremely profitable business."

Major stock indexes traded mixed on Wednesday, with the Dow Jones Industrial Average slipping nearly 0.2% to 47,632 and the SP 500 holding steady at 6,890.59, while the Nasdaq gained 0.55% to 23,958.47.The Federal Reserve cut its benchmark interest rate by 25 basis points to 3.75%-4.00% and announced it would…

Meta Platforms Inc. (NASDAQ:META) saw its stock tumble 7.37% in after-hours trading on Wednesday following its earnings release, but Wedbush analyst Dan Ives believes the pullback misses the bigger picture.

Meta earned $51.2 billion in revenue but was hit by a one-time $15.9 billion tax and $4.4 billion in Reality Labs losses, while Zuckerberg focused on AI.

Tech company brings in record quarterly revenue but major tax bill dampens earnings per share

Meta Platforms, Inc. (NASDAQ:META) released its third-quarter earnings report after Wednesday's closing bell. Here's what to know: 

Meta’s Oct. 29 earnings could set the tone for tech. Strong ad growth and AI momentum fuel optimism, but rising costs remain watchpoints.