Asian stocks fall as Meta sparks renewed tech rout

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Asian stocks fall as Meta sparks renewed tech rout

Investing.com-- Most Asian stocks fell on Thursday, with technology shares tracking losses in their Wall Street peers following disappointing guidance from internet giant Meta Platforms, while fears of higher-for-longer U.S. interest rates remained in play.This raised concerns over just how much earnings potential AI held for technology companies, given that it also came with much higher costs. Meta’s outlook set a dour tone for upcoming earnings from Microsoft Corporation sank 3.

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