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via finance.yahoo.comMarkets

Tesla lowers capex target, IBM recovers after earnings, Meta AI build-out plans

FROM THE WIRE · FINANCE.YAHOO.COM

The 8:30 hosts Julie Hyman, Pras Subramanian, and Jake Conley break down the recent earnings calls of Tesla (TSLA) and META (META), plus IBM (IBM) continues to recover from its second quarter earnings. Manulife John Hancock Investments Co-Chief Investment Strategist, Matt…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralTesla's lower capex target and Meta's AI plans are relevant themes for large-cap tech stocks.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The program discusses the earnings calls of Tesla and Meta.
  2. 02Tesla lowered its capital expenditures target.
  3. 03IBM continues to recover from its second-quarter earnings.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Tesla, Inc.TSLAStock382.69 USD-0.74%today -0.98%Neutral Meta Platforms, Inc.METAStock660.03 USD+1.41%today -5.37%Neutral International Business Machines CorporationIBMStock248.40 USD-0.24%today -1.22%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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