Meta stock drops ahead of New Mexico child-safety trial — what traders watch next week
Shares of Meta Platforms fell roughly 2.9% Friday, closing at $716.50. The drop comes as the company faces a jury trial set to begin next week in New Mexico.
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Nvidia CEO Jensen Huang said on Saturday the chip designer will make a “huge” investment in OpenAI, rejecting a The Wall Street Journal report that talks on an earlier plan for up to $100 billion had stalled. Speaking in Taipei, Huang was asked whether it would be over $100 billion and replied: “No, no, nothing like that.”