John Tucker, a Bloomberg reporter and market commentator, dives deep into some intriguing corporate news. He discusses Meta's $2 billion acquisition of Manus, an AI startup, highlighting its impressive revenue trajectory and strategic importance. The conversation also covers Tesla's delivery estimates, revealing a cautious outlook for the fourth quarter. Lastly, Tucker sheds light on top data storage companies benefitting from AI demand, showcasing the shifting tech landscape.
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insights INSIGHT
Meta Buys Manus To Accelerate AI Integration
Meta acquired Singapore-based Manus to speed product integration and monetize its AI investments.
Manus had a $125 million ARR and its $2 billion takeover shows Meta values both talent and revenue-ready AI tools.
insights INSIGHT
Manus Brings Revenue-Ready AI Agent Products
Manus offers practical agent tasks like resume screening and trip planning that can immediately be sold as subscriptions.
That productized revenue stream likely made Manus strategically attractive to Meta beyond pure research talent.
question_answer ANECDOTE
Meta's AI Spending Makes $2B Look Small
Paul Sweeney downplayed the $2 billion price as a small amount relative to Meta's scale.
He compared it to Meta's huge AI-related capital spending and headcount investments.
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On this episode of Stock Movers: - Shares of Meta (META) fluctuated in early trading after the company agreed to buy Manus, a popular Singapore-based artificial intelligence agent with Chinese roots, in its effort to build a business around its massive AI investment. The deal values Manus at more than $2 billion, according to people familiar with the matter. It marks a rare US acquisition of an Asian tech company and the latest multibillion-dollar AI bet from Meta Chief Executive Officer Mark Zuckerberg. Meta intends to continue operating and selling the Manus service while also integrating it into its products, it said in a statement. Backed by some of China’s biggest names like Tencent Holdings Ltd., ZhenFund and HSG, Manus shot to prominence early this year not long after DeepSeek’s debut. - Shares of Tesla (TSLA) rebounded in the premarket session after the company published a compilation of analyst estimates for vehicle deliveries to its website, with averages for the current quarter more pessimistic than those gathered by Bloomberg. By Tesla’s count, analysts on average expect the company to deliver 422,850 cars in the fourth quarter, down 15% from a year earlier. That compares with a Bloomberg-compiled average of 445,061 vehicles, a 10% drop. - The artificial intelligence trade is moving, and investors seeking cutting-edge ways to play it are snapping up technology “pick-and-shovel” stocks as massive cloud service providers pour billions into new data centers. Data storage companies dominated the S&P 500 Index in 2025, with Sandisk Corp. shares soaring almost 580% to make them the benchmark’s best performer, with Western Digital Corp. in second and Seagate Technology Holdings Plc in fourth. Meanwhile, AI-linked power providers and cable and fiber producers such as Amphenol Corp., Corning Inc., NRG Energy Inc. and GE Vernova Inc. were among the Top 25.
Stock Movers