Market Chatter: Meta Platforms Acquires AI Coding Startup Conductor

MT newswire2026/11/04 17:58

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01:58 PM EST, 11/04/2026 (MT Newswires) -- Meta Platforms (META) acquired AI coding startup Conductor, Axios reported Wednesday, citing sources familiar with the deal. Financial details were not disclosed, the report said. In an announcement on its website, Conductor said the company is joining Meta and that Conductor Cloud will be shut down over the next few weeks, with plans for "something new" coming early next year. Meta did not immediately respond to a request for comment from to MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 630.27, Change: +9.24, Percent Change: +1.49

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Intel disclosed that CEO Pat Gelsinger purchased 150,000 shares of Intel common stock on the open market on November 2nd, at a weighted average price of $64.7312 per share, with a transaction amount of approximately $9.71 million. The purchase was made through a family trust, and after the transaction, the trust's Intel holdings increased to 1.4647 million shares, up around 11.4% from before the transaction. Following the announcement, Intel’s share price briefly rallied, narrowing its decline to 1.2% before retreating again.

华尔街见闻•2026/11/04 19:17