TechNews reported that Tesla cut its 2026 capital expenditure forecast from more than $25 billion to about $20 billion, while Meta raised the lower bound of its full-year forecast from $130 billion to $135 billion and kept the upper bound at $145 billion. Meta reported third-quarter revenue of $64.6 billion, up 26% year over year, but free cash flow was negative $212 million amid large infrastructure investments; its shares fell 7% as investors questioned AI spending and financing. The selloff spread across major technology and semiconductor stocks, with Nvidia down 4.4%, AMD and Micron falling 6.26% to 8.1%, and SpaceX dropping more than 9% after announcing additional AI investment.