Meta Platforms shares are trading lower as elevated bond yields and Fed rate expectations weigh on the broader tech sector. Also, the stock may be continuing last week's softness after a strong five-week rally and a Goldman Sachs report that questioned the economics of high AI investment.
Meta Platforms shares are trading lower as elevated bond yields and Fed rate expectations weigh on the broader tech sector. Also, the stock may be continuing last week's softness after a strong five-week rally and a Goldman Sachs report that questioned the economics of high AI investment.