CNBC Tech
Meta outlook revised to negative by S&P on cash flow and capex concerns
Friday, October 30, 2026
S&P Global Ratings changed its outlook on Meta to negative, citing capital expenditures and free cash flow concerns. The ratings agency did not announce a rating downgrade, only a revision of its forward-looking outlook. Meta's recent financial reports and investor disclosures showed elevated spending on infrastructure and artificial intelligence development.
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