Meta shares fell 6% as concerns about the company's AI spending pushed free cash flow negative, CNBC reported. US Treasuries rallied as investors sought safer assets, while Meta's five-year credit default swap prices reached all-time highs, signaling growing credit concerns.
WHO:Investors traded Meta shares and US Treasuries amid concerns about AI spending and credit risks.
WHAT:Meta shares fell 6%, while US Treasuries rallied as investors sought safer assets.
WHEN:Reported Oct 22, 2026 at 1:58 PM ET
WHERE:USA
WHY:Investors sought safety amid concerns about AI spending and potential fallout in stock and credit markets.
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