Meta Platforms Inc

• Gold extends gains, breaking past $5,000; Asia stocks mostly track Wall Street losses on tech pullback - Asia-Pacific markets mostly fell, tracking Wall Street losses as a sell-off in U.S. technology stocks weighed on sentiment.
• Pinterest CEO rebukes, fires 'obstructionist' employees who created tool to track layoffs - Pinterest CEO Bill Ready lashed out at staffers who created an internal tool to track layoffs at the company, and fired those involved.
• Oracle dips 3% after announcing $50 billion fundraising plans. Here's why - The tech giant has invested huge sums in the AI infrastructure buildout in recent times
• Here is what caused the wild swings in our 34-stock portfolio last week - The S&P 500 closed lower Friday after briefly topping 7,000 for the first time ever Wednesday.
• Meta rises 8%, Microsoft sinks 11% as megacap tech stocks diverge after earnings - Meta jumped, while Microsoft plunged post-earnings as investors hunt for signs that big AI investments are paying off.
• Meta's Mark Zuckerberg gets green light from Wall Street to keep pouring money into AI - Meta's stock pop following the company's latest earnings beat is a sign that investors are OK with hefty AI spending as long as the core business stays strong.
• Meta’s Reality Labs posts $6.02 billion loss in fourth quarter - Meta’s Reality Labs posts $6.02 billion loss in fourth quarter.
• Meta shares rise on stronger-than-expected revenue forecast - Meta reported fourth-quarter earnings on Wednesday and provided stronger-than-expected sales guidance.
• TikTok Settles Social Media Addiction Lawsuit Ahead of a Landmark Trial - The settlement means TikTok will avoid a trial where plaintiffs had planned to argue that social media platforms are inherently defective and subject to personal injury liability.
• TikTok uninstalls are up 150% following U.S. joint venture - TikTok's daily average U.S. app uninstalls have increased nearly 150% over the past five days compared to the previous three months, Sensor Tower told CNBC.