Meta and Alphabet both reported negative free cash flow in Q3 due to heavy capital expenditures, despite revenue growth in their core businesses. Meta's ad revenue rose 26.1%, boosted by AI-enhanced ad pricing, while Alphabet saw strong growth in Google Cloud revenue, which doubled and became profitable. Both companies are raising outside funds—Alphabet through notes and share sales, Meta via new share classes—to support ongoing AI investments, increasing financial risk. Investors will closely watch Q4 earnings calls for clarity on 2027 spending plans and the profitability of their AI ventures.
As of Nov 03, 2026 01:02 WIB, Meta Platforms Inc (META) trades at USD 610.25, down 0.77% on Pluang, while Alphabet Inc Class A (GOOGL) is up 1.05% at USD 282.78. Despite Meta's recent cash flow challenges and Alphabet's capital raising efforts, Alphabet maintains a larger market cap of $3.43 trillion compared to Meta's $1.57 trillion. The volume of shares traded on Pluang also shows strong investor interest, with Alphabet's volume at 65,695,032 and Meta's at 25,364,656. The notable figure is Alphabet's market cap of $3.43 trillion as of the same time.
AI companies like Alphabet, Amazon, Microsoft, and Meta are seeing strong revenue growth but are also spending heavily on AI infrastructure, often burning through cash. Free cash flow, which measures cash left after operating expenses and capital inv...
A $10,000 investment in Meta Platforms at $612.49 per share could grow to about $20,195 by 2031, doubling in value with an average annual return of 15.09%. Meta's strong ad revenue growth and AI initiatives, including the Muse personal agent, are key...
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 annu...
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...
