Why did META move on Jun 12, 2026?

Meta's stock experienced a minor upward reaction following reports that the company is taking steps to control its rising artificial intelligence expenditures [1], [4]. According to a report by The Information, Meta plans to crack down on and curb its employees' internal AI token usage [2], [3], [6]. This cost-cutting measure comes as internal AI usage was projected to cost the company billions of dollars in 2026 [4], [8].