# Meta stock sinks nearly 7% as AI spend pushes free cash flow negative

- Source: CNBC · Technology
- Published: 2026-10-22T15:45:57.000Z
- Bad Influence: https://badinfluence.news/items/ecqfut81frnnpz2768tdu6dqa
- Original: https://www.cnbc.com/2026/10/22/meta-stock-q3-earnings-free-cash-flow.html

## Summary

Meta 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. Revenue rose 26% from a year earlier to $64.60 billion, above the $63.37 billion analysts expected.