Meta Stock Tanks as AI Spending Fears Hit Wall Street, and the 10-Year Yield Drops Below 5% Meta stock gave up about 7% Thursday, and the AI trade went down with it. Strong earnings didn’t matter. By midafternoon, the Nasdaq Composite had sunk 2.4% to roughly 26,057. The S&P 500 lost 1.3% to about 7,660. […] More