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Meta Goes Cash-Negative and OpenAI Trims Its Valuation as AI Stocks Slide

Sources

S&P 500, Nasdaq end sharply lower as revived AI doubts ignite tech selloff (Reuters via Yahoo Finance) (2026-10-22)

Meta stock falls despite Wall Street analysts raising price targets (2026-10-22)

Meta's revenue surges to $64.6 billion, but settlements and AI spending turn screws on profit (2026-10-21)

OpenAI working on new $30B raise at $1.25T valuation ahead of IPO (2026-10-22)

OpenAI nears $30 billion funding round at $1.25 trillion valuation (Investing.com)

OpenAI close to raising up to $30 billion at $1.25 trillion valuation, UAE investors lead (2026-10-22)

OpenAI trims its own…

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