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Wall Street Tanks at Open Amid Geopolitics, AI Concerns

Summary by BizToc
Major United States stock exchanges plunged at the open on Thursday as uncertainty over the situation in the Middle East continued to weigh on sentiment. In addition, despite both Meta and Tesla deliv...

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Wall Street is incriminating with reports of planned attacks on Iran. Meta is creating a new stock class that further stimulates the fear of an AI bubble.

·Düsseldorf, Germany
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Wall Street opened in red this Thursday, weighed by technological falls like Meta, which lost 6.7%, amid new doubts about the profitability of investments in artificial intelligence (AI), while oil rose again due to tensions between the United States and Iran.

·Lima, Peru
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Wall Street futures pointed to a lower opening on Thursday, weighed down by renewed AI concerns and rising oil prices following reported escalations in the Middle East.

The Nasdaq anticipates losses above 1.8%, the Ibex recedes by 1.9% and the Asian bags close with strong falls. Tesla, Meta and Hermès suffer, while oil shoots.

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Business Insider (Spain) broke the news on Thursday, October 22, 2026.
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