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via thestockmarketwatch.comMarkets

Tech selloff and AI spending concerns drag markets lower

FROM THE WIRE · THESTOCKMARKETWATCH.COM

Meta Platforms (META) saw its stock price drop 5.4% on Thursday, its largest intraday decline in nearly three months. While the company reported a 26%

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishMeta's drop, its largest intraday decline in nearly three months, weighs on tech sentiment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Meta Platforms shares fell 5.4% on Thursday.
  2. 02It was the company's largest intraday decline in nearly three months.
  3. 03The text is incomplete and provides no further detail on the index.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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AI use policy. UCapital AI supports the newsroom with news analysis, summaries, market reactions, translations and the generation of cards and charts. AI-generated or AI-assisted content is labelled in the byline (AI Desk, a named AI profile marked «AI», or joint byline) and is reviewed by editors before publication. News received via API feeds from third-party providers is attributed to the original source. AI can make mistakes: report any inaccuracies to the newsroom. Users’ personal data is not used to train the models.