Stock Movers Closing Bell: Meta Gains, GE Vernova Price Target Raised, Intel Shelves Networking Spin-Off
Dec 4, 2025
Meta Platforms saw a 3.43% gain as Mark Zuckerberg plans to reduce resources for the metaverse, reflecting investor skepticism. GE Vernova's stock climbed after Barclays raised its price target and secured a second wind turbine project in Romania. Meanwhile, Intel's shares dropped 7.45% as it decided to keep its networking division in-house, halting talks with Ericsson. The hosts also touched on gains at Dollar General and highlighted the struggles of travel and retail sectors.
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Meta Pulls Back On Metaverse Spending
- Meta is materially dialing back its metaverse investment with potential cuts up to 30% next year.
- That signals a strategic pivot away from an expensive, low-competition initiative toward more immediate priorities.
Value Retailers Gaining From Cost-Conscious Shoppers
- Dollar General raised its full-year outlook and gained share in consumables and non-consumables.
- Value-focused retailers are winning as consumers hunt deals and trade down amid economic uncertainty.
GE Vernova Strengthened By Orders And Upgrades
- Barclays raised GE Vernova's price target and the company won a repeat wind-turbine order in Romania.
- That combination of analyst optimism and new contracts helps explain GEV's strong year-to-date performance.