S&P Global Ratings has lowered Meta Platforms' credit outlook to Negative due to uncertainty over its future capital expenditures and ambitious AI investments, which may keep its cash flow negative longer than expected. Meta plans $135B-$145B in annual capex and aims to raise $97.5B through stock sales to fund AI growth. Meanwhile, Binance resumed withdrawals after a $6.3B hack, recording $3.64B net outflows but reports stabilizing market conditions. OpenAI is rebranding its data centers as 'AI compute campuses' to improve public perception and highlight its infrastructure investments amid growing opposition to AI projects in the U.S.
Meta Platforms trades at USD 611.83 on Pluang as of Nov 02, 2026 19:11 WIB, down 0.51% over the past day. The company holds a market cap of $1.57 trillion and an enterprise value of $1.60 trillion on the platform. These figures provide a snapshot of Meta's scale as it navigates credit outlook concerns and ambitious AI investments.
Meta Platforms reported earnings beating revenue and adjusted EPS estimates but revealed nearly $2 billion more in capital expenditures than expected. This heavy spending on AI and cloud infrastructure raises concerns about shrinking free cash flow a...
Microsoft stands out among major tech companies by maintaining disciplined free cash flow and showing strong core software performance despite increasing capital expenditures. Meanwhile, AI-focused giants Amazon, Google, and Meta are aggressively exp...
Credit default swap (CDS) markets are showing increased credit risk for major AI-driven companies like Meta, Broadcom, and Nvidia, with CDS spreads widening significantly. This contrasts with their resilient or rising stock prices, suggesting the mar...
S&P Global Ratings kept Meta's AA- credit rating but changed its outlook to negative, citing high capital expenditures and negative free cash flow driven by AI investments. S&P projects Meta's leverage will exceed the downgrade threshold by 2027 due ...
France's National Assembly passed an amendment to tax content providers like Netflix, Google, and Meta €0.055 per gigabyte of data sent to French internet users, potentially generating around €10 billion in revenue. The tax applies to all content pro...
