Meta shares rose 2.5% ahead of Wednesday evening’s earnings report. Investors will be looking for updates on engagement with Muse, the artificial intelligence agent launched last month, and on Meta’s capital expenditure outlook. The key question is whether Meta will issue equity to fund the build-out. The Nasdaq gained more than 1%, led by a nearly 11% surge in SpaceX shares, while Tesla rose 3%. Jim Cramer’s charitable trust also trimmed its Broadcom position to roughly 1% of the portfolio to protect gains amid concerns about debt-funded artificial intelligence spending.
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