Morning Brief
Meta to acquire AI startup Manus: There's an 'arms race' in AI
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Show notes
Yahoo Finance executive editor Brian Sozzi tracks several of the day's top trending stock tickers, including Tesla's (TSLA) expectations for weaker EV deliveries in the fourth quarter of 2025, mining company stocks gaining on the rebound in silver, gold, and copper prices, and Boeing (BA) signing an $8.5 billion contract with the US Air Force to build fighter jets for the Israeli military.
Meta Platforms (META) is acquiring AI startup Manus. According to Bloomberg, the deal values Manus at more than $2 billion. Hennessy Funds portfolio manager Josh Wein, along with Yahoo Finance Senior Reporters Brooke DiPalma and Ines Ferré, discuss the deal and what it reveals about the state of AI.
Takeaways:
Meta Platforms (META) announced that it will be acquiring AI startup Manus for over $2 billion
US stock futures hover just below their flatlines as the Santa Claus rally stumbles
Berkshire Hathaway CEO Warren Buffett prepares to hand the reins over to Greg Abel at the year's end
Buffett will stay on as chairman of Berkshire's board
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