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Meta's stock split is also a deal to keep Zuckerberg in California

The 8:30 (8:30–9:30 a.m. ET) Meta's new nonvoting Class C shares do two jobs at once. They give the company stock it can sell to fund an AI buildout that now costs more than the ads business brings in, and they are part of a deal under which Mark Zuckerberg commits to stay in California for eight years rather than move ahead of a proposed billionaire tax. Tesla beat, turned free cash flow positive and cut its capital spending plan, which analysts read as a slower ramp for Optimus. Plus IBM steadies and critical PHP flaws have developers scrambling. The 8:30 is live weekdays 8:30-9:30am ET with Yahoo Finance Host Julie Hyman, Breaking Business News Reporter Jake Conley and Senior Autos Reporter Pras Subramanian. #Meta #Tesla #MarkZuckerberg #The830 #YahooFinance == AlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors. 👉 https://finance.yahoo.com/about/promos/gold/alphaspace?ncid=100003571

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The 8:30 (8:30–9:30 a.m. ET) Meta's new nonvoting Class C shares do two jobs at once. They give the company stock it can sell to fund an AI buildout that now costs more than the ads business brings in, and they are part of a deal under which Mark Zuckerberg commits to stay in California for eight years rather than move ahead of a proposed billionaire tax. Tesla beat, turned free cash flow positive and cut its capital spending plan, which analysts read as a slower ramp for Optimus. Plus IBM steadies and critical PHP flaws have developers scrambling. The 8:30 is live weekdays 8:30-9:30am ET with Yahoo Finance Host Julie Hyman, Breaking Business News Reporter Jake Conley and Senior Autos Reporter Pras Subramanian. #Meta #Tesla #MarkZuckerberg #The830 #YahooFinance == AlphaSpace by Yahoo Finance: A Professional-Grade Investment Platform Built for Everyday Investors. 👉 https://finance.yahoo.com/about/promos/gold/alphaspace?ncid=100003571

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