Meta Platforms, Inc. shares fall 1.02% premarket as hedge funds remain cautious on U.S. stocks.

Meta Platforms, Inc. fell 1.02% in premarket trading. The decline may be attributed to the cautious sentiment among hedge funds regarding U.S. stocks, as they remain hesitant to buy due to potential market vulnerabilities and a dour outlook for September. Additionally, the upcoming release of key economic indicators, such as the U.S. August employment report and inflation data, could be contributing to the stock's downward movement.