Nasdaq opens down 1.55%, Meta falls over 4%

Jinse Finance reported that the three major U.S. stock indices opened lower, with the Dow Jones Index down 0.44%, the S&P 500 Index down 0.91%, and the Nasdaq Composite Index down 1.55%. Chip equipment manufacturer Lam Research gave a disappointing earnings outlook, and its share price opened down more than 9%. Tesla's share price fell 2.8% after the company cut its spending plans. Meta fell over 4%, with the company's future spending commitments totaling 825 billion USD. IBM dropped more than 4%, recording third-quarter revenue of 17.1 billion USD, an increase of 4.7% year-on-year.