S&P Lowers Meta’s Credit Outlook Amid Soaring AI Spending

T1Covered by 1 source · first reported by The Information (teasers) at 31 Oct, 00:43 UTC

S&P Global Ratings lowered its credit rating outlook on Meta Platforms to negative from stable, saying the company’s ability to monetize its fast-rising AI investments is “more limited than that of its peers.” The announcement Friday comes after Meta last week reported negative free cash ...