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METAMeta Platforms, Inc.
600.47
-5.07%
DATE: 2026-06-02
SUPPORT:585570
RESISTANCE:615635
Past
What happened
Meta dropped 5.1% to $600.47, the steepest mega-cap decline, as a report highlighted Big Tech increasingly funding AI capex with debt.
Why
Why it matters
Investors are starting to question the ROI and financing of the AI buildout; Meta's heavy spend makes it a lightning rod for that worry.
Watch
What to watch
$585 is first support; commentary on capex efficiency and ad-revenue strength is what stabilizes the multiple.
HEADLINES
2026-05-29ARCHIVEnewer →