Zuckerberg’s Big Deal to Stay in California

Published 22 Oct 2026, 12:13 UTC. Updated 22 Oct 2026, 13:44 UTC.

The agreement that Mark Zuckerberg, Meta’s chief executive, cut to stay in California underscores businesses’ fears about a major tax proposal.

Directly affected

No company is named in this report.

Indirectly affected

SPY SPDR S&P 500+1.6%
The broad U.S. stock market
TLT iShares 20+ Year Treasury Bond-1.8%
Long-term U.S. government bonds
QQQ Invesco QQQ+2.3%
Large technology stocks
GLD SPDR Gold Shares-3.3%
Gold can move with the broad market

Price reaction, T-5 to T+3

Ticker	T-5	T-3	T-1	T0	T+1	T+2	T+3
SPY	—	—	—	—	—	—	—
TLT	—	—	—	—	—	—	—
QQQ	—	—	—	—	—	—	—
GLD	—	—	—	—	—	—	—

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Play Beat Congress · Prediction questions · Leaderboard

The agreement that Mark Zuckerberg, Meta’s chief executive, cut to stay in California underscores businesses’ fears about a major tax proposal.

Source: The New York Times

How solid “Zuckerberg’s Big Deal to Stay in California” looks

12 out of 100

“Zuckerberg’s Big Deal to Stay in California” scores 12 out of 100. The score uses 1 sources.