By GulfInside Newsroom | October 22, 2026
Shares in Meta Platforms and Tesla faced selling pressure Thursday as investors reassessed the costs and timing of major artificial intelligence investments following the companies’ latest earnings updates.
Reuters reported that Meta shares slipped in early trading after the company introduced non-voting shares as part of financing its AI expansion. Tesla shares also fell after the electric-vehicle maker lowered its 2026 capital expenditure forecast.
Meta’s AI investment draws scrutiny
Meta’s earnings exceeded expectations, but investors focused on the scale of its AI commitments and how quickly those investments might generate returns. Reuters reported broader market concerns about high spending across the technology sector.
Tesla cuts its spending forecast
Tesla reduced its projected 2026 capital spending to approximately $20 billion from more than $25 billion, Reuters reported. Analysts questioned whether slower outlays could delay some of the company’s AI, robotics and autonomous-driving plans.
Broader market pressure
Oil prices rose and technology shares weakened, weighing on risk appetite. The movement illustrates how earnings results can be overshadowed by financing questions and broader economic uncertainty. Share prices fluctuate throughout the trading session, so early declines are not final closing figures.
Sources: Reuters global markets, October 22, 2026; Reuters Tesla report republished by MarketScreener.
