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 to rising spending, with uncertain revenue from AI ventures. Meta disputes S&P's view, highlighting strong business prospects. The company raised capital through stock sales to fund data center expansion and AI projects, while ad revenue grows but struggles to offset costs. Investors await clearer 2027 guidance to assess Meta's financial trajectory.
As of Nov 01, 2026 00:21 WIB, Meta Platforms Inc trades at USD 614.99 on Pluang, down 1.53% for the day with a market cap of $1.57 trillion. Despite S&P's negative outlook due to high AI-related spending, investor activity on Pluang shows a balanced sentiment with 47% selling and 53% buying. The enterprise value stands at $1.60 trillion, reflecting ongoing market interest amid uncertainty.
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...
In the first nine months of 2026, the top five tech giants—Microsoft, Alphabet, Amazon, Meta, and Oracle—spent $556.9 billion on AI infrastructure, exceeding their combined operating cash flow of $542.9 billion. This marks a shift from previous years...
Entergy increased its quarterly dividend by 6.3% to $0.68 per share, yielding about 2.47%. The payout is covered comfortably by its 2026 adjusted earnings guidance, with a payout ratio of 61% to 64%. The company benefits from a pipeline of large data...
S&P 500 tech earnings are strong, with profits tracking 29.5% growth and 82% of companies beating estimates last week. However, the market reacted negatively to increased AI spending concerns, causing Meta to drop 7% after raising its capital expendi...
S&P Global Ratings has assigned a negative outlook to Meta due to concerns over the company's high capital expenditures and negative free cash flow. Meta's credit rating was downgraded from AA- stable to AA- negative, reflecting uncertainty about its...
