Meta Spending Surge Drags Down Tech Stocks

Oct 24, 2026

Meta Platforms reported strong revenue but alarmed investors by raising its capital spending floor to 135 billion dollars. The update triggered a broader selloff across the technology sector and pressured automotive stocks amid rising inflation expectations.

Pennsylvania gasoline prices jumped 39 percent to average $4.49 per gallon by October. Despite the higher costs driven by conflict in Iran, state fuel consumption fell by just 0.1 percent over the summer.

Pa. gas prices rise 39% with steady fuel use

Oct 24, 2026

Moodys has kept France at an Aa3 rating with a negative outlook, easing pressure on a government facing social unrest. The decision follows market expectations of a downgrade as the country struggles with public finances and political deadlock.

Moodys Spares France Credit Rating

Oct 24, 2026

Major stock indexes declined on Friday while tech shares steadied following recent selloffs. Meanwhile, Brent crude oil prices rose to a six-month high after reported attacks in Saudi Arabia.

Global Stocks Fall and Oil Surges

Oct 23, 2026