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Wall Street Punishes Expensive AI Race: Meta Down 7 Percent, Chips 6.7 Percent

Summary by poslovni.hr
Doubts about the profitability of huge investments in artificial intelligence have once again hit the technology sector.
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4 Articles

Experts Roberto Moro and Jorge del Canto analyze the market in a context of banking falls and technological movements

Meta Platforms* has reached record levels, as plans to increase capital spending have once again increased fears that... 23.10.2026, PRIM

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Counts above expectations but negative cash flow and spending 2026 raised to 135-145 billion: Meta falls 7 percent and drags Nvidia and chips. On the same day the sentence of 25 billion in New Mexico.

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Doubts about the profitability of huge investments in artificial intelligence have once again hit the technology sector.

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poslovni.hr broke the news on Friday, October 23, 2026.
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