S&P revises Meta's outlook to negative over AI capital spending and negative free cash flow

Mark Zuckerberg outside the West Wing of the White House at a press briefing with AI executives — Finn Gomez / Getty Images via CNBC

S&P kept Meta at AA- but moved the outlook from stable to negative, citing uncertainty over elevated capex; Meta guided 2026 capex of $135–145 billion and posted negative free cash flow of $2.12 billion, CNBC reports.

Read at CNBC

via @coinbureau

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