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AI spending draws eyes, but Meta’s next market push may hinge on whether core products keep accelerating
The Apex Times

THE APEX TIMES

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Stocks close lower as renewed Strait of Hormuz blockade fears weigh on risk appetite; Meta among tech names in focus
The Apex Times

THE APEX TIMES

Business / The Apex Times

Stocks close lower as renewed Strait of Hormuz blockade fears weigh on risk appetite; Meta among tech names in focus

U.S.-Iran tensions returned to the forefront after President Donald Trump said the U.S. would resume a blockade of Iranian ships transiting the Strait of Hormuz, a catalyst cited for broad market weakness that left the S&P 500, Nasdaq, and Dow finishing down. Meta’s shares were highlighted alongside other large-cap technology names.

Jul 13, 7:09 PM EDT