From Oct 26 to 30, US stocks face a triple test: earnings, the Fed, and inflation data. Over the past two weeks, the tech sector fell about 7%. Money is starting to worry that AI companies are spending too much and financing costs are rising — can they really earn back the investment? Meta had strong revenue and guidance, but the stock was pressured by capex and financing worries. That shows the market isn't just looking at growth anymore

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