S&P downgrades Meta outlook to AA- negative from stable on heavy AI capex, negative $2.12B free cash flow; company plans $95B fundraise for AI investments despite monetization uncertainty

Meta outlook revised downward by S&P on cash flow and capex concerns

TechPublished Fri, Oct 30 20265:44 PM EDTUpdated Fri, Oct 30 20266:42 PM EDTKey PointsMeta has been given a negative outlook by S&P Global Ratings due to the company's hefty capital expenditures and negative free cash flow.S&P said the outlook reflects uncertainty around elevated capital expenditures and future cash flow.Meta reported quarterly earnings last week. CEO of Meta Platforms Mark Zuckerberg attends a press briefing held by U.S. President Donald Trump with AI executives following a mee...