S&P revises Meta's outlook to negative on cash flow and AI spending concerns
AIS&P Global Ratings revised Meta Platforms' outlook to negative from stable, keeping its AA- rating, citing uncertainty over elevated capex and negative free cash flow. The agency questioned when Meta's Muse AI agent app and foundation models will generate revenue exceeding rising costs.
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CNBC · Technology · cnbc.comPublished
Original title: Meta outlook revised downward by S&P on cash flow and capex concerns