Saturday, 31 October, 2026
Meta’s AI Bet Backfires: S&P Slashes Credit Outlook Over Cash Deficits
By TechShots Studio
S&P Global Ratings revised Meta Platforms' credit outlook to 'negative' due to concerns over massive AI capital expenditures and free operating cash flow deficits. With capex projected to reach $140 billion this year and surge past $225 billion, elevated spending risks pushing Meta's debt leverage above target thresholds if AI monetization lags.
Read full story at REUTERS