US Futures Fall After Tesla and Meta Results, Amid Concerns Over AI Spending

Tesla and Meta announced their results after market close. Tesla beat profit expectations, while Meta topped revenue estimates. US stock futures fell as investors digested the results and the rally that followed faded.

AI-written summary of 4 sources; every verified point is backed by a verbatim quote. How Iyan works

• Meta's revenue exceeded expectations, while Tesla's shares fell despite profit growth, due to concerns over AI spending.

  «Meta's revenue beat expectations, while Tesla's shares dropped despite earnings growth amid concerns over AI spending»

  The Financial Express
• The S&P 500 closed higher for a third straight session on Wednesday, and the Nasdaq rose as shares of Tesla and SpaceX gained.

  «The S&P 500 posted a three-day winning streak on Wednesday, and the Nasdaq Composite rose as Tesla and SpaceX rallied.»

  CNBC
• Tesla and Meta results came after market close as part of a wave of earnings from major tech companies.

  «Today brought more of both, with Tesla and Meta results landing after the market closed.»

  Investopedia

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