Meta stock sinks nearly 7% as AI spend pushes free cash flow negative
AIMeta shares fell roughly 6% on Thursday after the company reported negative free cash flow of $2.12 billion in its third-quarter earnings. Meta raised the bottom of its full-year capital expenditure forecast to a range of $135 billion to $145 billion, up from $130 billion to $145 billion.
Source details
CNBC · Technology · cnbc.comPublished · added here