Meta Tumbles 6% on AI Spending Fears, 10-Year Yield Falls Below 5%: Stock Market Today
Meta's higher AI spending plan drags tech lower as Treasurys rally and the 10-year yield drops below 5%. Gold, silver and Bitcoin fall; oil climbs.
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Steve Schwarzman, a top billionaire, has dismissed AI bubble fears, pointing to the rising demand for AI and constrained supply
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Meta's higher AI spending plan drags tech lower as Treasurys rally and the 10-year yield drops below 5%. Gold, silver and Bitcoin fall; oil climbs.
Crosscurrents In The Market Please click here for an enlarged chart of United States Oil ETF (NYSE:USO). Note the following: The chart shows that oil ETF USO is rising today. The chart shows that oil
U.S. tech funds experienced $5.21 billion in net outflows during the week ended Oct. 14, as investors rotate holdings due to concerns about AI infrastructure debt financing, higher borrowing costs, and tech valuations. However, the article advises that this rotation doesn't signal the end of tech's long-term prospects. Before selling, investors should evaluate whether tech holdings still align with their financial goals and risk tolerance, considering gradual rebalancing rather than panic selling.
Blackstone reported an increase in third-quarter net income driven by gains in AI infrastructure investments, despite a decline in distributable earnings.
Filed: 2026-10-22 AccNo: 0001193125-26-428297 Size: 3 MB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits