Market Open: Stocks Fall as Oil Rises and Meta, Tesla Earnings Weigh on AI Sentiment

Stocks opened lower as rising oil prices and fresh quarterly reports from Meta and Tesla affected sentiment toward the artificial intelligence sector. The segment summarizes the main index moves and selected corporate and labor-market headlines from the market open.

■ Market overview
- Dow down 127 points; S&P 500 down 66 points (0.8%); Nasdaq down 380 points (1.4%)
- Oil prices rising alongside a lower equity open

■ Corporate earnings
- Meta down about 3% after better-than-expected profit and revenue; projected AI spending left unchanged
- RBC Capital analyst commentary on Meta's growth, guidance, cash burn, and potential equity issuance
- Tesla down 4% after better-than-expected quarterly results but a cut to expected capital expenditures
- Procter & Gamble higher after beating Wall Street quarterly forecasts

■ Labor-market data
- Initial jobless claims fell to 194,000, down 6,000 from the prior week and the lowest since July

Coverage is limited to the opening market snapshot and selected earnings and economic data, rather than full company or sector analysis. It is suited to viewers seeking a quick summary of the session's early drivers and can serve as a starting point for reviewing primary earnings releases and Labor Department data.