Asian Stocks Mixed as Tesla Cuts Spending, Meta Boosts AI Investment
Asian stocks showed mixed performance as Nasdaq 100 futures fell 0.6% and S&P 500 futures dropped 0.4% in early trading. Tesla shares declined 3.1% after the company lowered its capital-spending forecast. In contrast, Meta Platforms shares rose 2% after hours, driven by the company's increased investment in artificial intelligence.
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