Meta shares fell after the company reported Q1 earnings and sharply raised its forecast for AI-related capital spending in 2026. The updated guidance puts spending between $125 billion and $145 billion, a significant jump from prior estimates and a clear signal that Meta is betting heavily on AI infrastructure. The scale of the revised forecast drew investor attention because it implies a sustained, large rise in costs before returns are clear. Capital expenditure at this level covers data centers, chips, and supporting infrastructure needed to build and run large AI models. The move puts pressure on Meta's margins in the near term. Investors typically react cautiously when a company signals major spending well ahead of proven revenue streams from that investment. The stock drop reflects that tension between long-term strategic positioning and short-term profitability concerns. Watch whether Meta's Q1 revenue and profit figures justify the confidence behind the higher spending target, and how rivals like Alphabet and Microsoft respond to Meta's escalating AI investment commitments.
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.
