Meta shares fell sharply after the company projected full-year capital expenditures of $125 billion to $145 billion, well above what analysts had expected. The forecast signals a significant acceleration in Meta's AI infrastructure buildout, covering data centers, servers, and related hardware. The scale of the spending raise is the central concern for investors. When a company of Meta's size commits to that level of capital outlay, it compresses near-term free cash flow, the money left over after a business covers its operating and investment costs. Analysts had modeled lower numbers, so the gap between expectation and reality drove the sell-off. Meta's bet is that heavy AI investment now pays off through better ad targeting, new products, and long-term platform growth. But the market's reaction reflects skepticism about the timeline and return on that spending. Watch for whether Meta's revenue growth in coming quarters justifies the outlay, and whether other big tech firms face similar pressure to match the pace of AI infrastructure spending.
Indian startups raised $5.2 billion across 501 deals in H1 2026, down 9% in value but up 7% in deal count year-on-year, per the Inc42 Indian Tech Startup Funding Report. The drop is driven by fewer mega-rounds, while AI funding surged 317% and growth-stage deal activity hit a multi-year high.
The BSE Sensex fell 893 points and the Nifty 50 shed 279 points on June 30, 2026, wiping out roughly Rs 6 lakh crore in investor wealth in a single session. Both indices dropped 1.16%, closing at 76,200.68 and 23,824.10 respectively.
Kotak Mahindra Bank shares fell nearly 3% to Rs 397.6 after CEO Ashok Vaswani announced plans to exit the bank. Investor concern now centres on succession timing and whether the bank's ongoing digital and deposit-growth strategy will stay on track.
South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.
