According to Gary Black, within the Mag 8, $GOOG led 1-year performance at +72%, $AVGO followed at +61.5%, while $MSFT lagged at -4% (source: Gary Black on X). According to Gary Black, $META screens cheapest on 2026 P/E at 22.2x and on forward PEG at 1.3x, whereas $TSLA is richest at 200x 2026 P/E but carries the fastest projected EPS growth at +43% with a 2026 forward PEG of 4.7x (source: Gary Black). According to Gary Black, the S&P 500 trades at a 2026 P/E of 22.4x with a 4.46% earnings yield versus a 10-year Treasury yield of 4.23%, implying a 23 bp equity risk premium compared with a 50–75 bp historical range (source: Gary Black). For traders, this setup highlights relative value in $META on valuation metrics, momentum leadership in $GOOG, and valuation risk in $TSLA despite growth, while a slim ERP suggests heightened sensitivity to rate moves (source: Gary Black).

According to @StockMKTNewz, citing the Wall Street Journal, Meta Platforms ($META) laid off about 10% of staff, roughly 1,500 employees, from its Reality Labs division that houses its virtual and augmented reality initiatives (source: @StockMKTNewz; Wall Street Journal). The report includes no mention of cryptocurrencies or blockchain, providing no stated direct impact on crypto assets while quantifying a material headcount change traders can monitor for $META’s VR/AR exposure (source: @StockMKTNewz; Wall Street Journal).

According to @StockMKTNewz, citing Reuters, EU regulators approved Meta Platforms' pledge to use less personal data for ads, allowing $META to avoid daily fines in Europe (Reuters via @StockMKTNewz). Reuters, as relayed by @StockMKTNewz, reports that this approval removes the immediate penalty risk tied to Meta's ad-targeting practices in the EU, which is material for $META's advertising operations (Reuters via @StockMKTNewz). The Reuters report cited by @StockMKTNewz did not mention any direct impact on cryptocurrency markets (Reuters via @StockMKTNewz).