The transaction announced by Equitable Holdings Inc is expected to have an immediate positive impact on earnings per share and cash generation capacity.

At the Connect conference, Meta launched two AI game creation tools, Horizon Create and Horizon Studio, allowing users to generate complete 2D/3D games—including level design and multiplayer features—simply through text descriptions, and directly distribute them to platforms such as Facebook and Instagram. The news led to a 4.5% increase in Meta’s stock price, while gaming stocks Roblox and Unity Software saw declines of up to 4.1% and 6.9%, respectively.