Source summary (excerpt): “Meta has been given a negative outlook by S&P Global Ratings due to the company's hefty capital expenditures and concerns about free cash flow.”
Sourcing: single source, treat as unconfirmed until corroborated.
Tech & SIBRIEF
Meta outlook revised downward by S&P on cash flow and capex concerns
CNBC reported on Fri Oct 30, 5:42 PM CT, unconfirmed by other outlets so far: Meta outlook revised downward by S&P on cash flow and capex concerns.
What happened
Reported from CNBC. Site-only brief: it was not posted on X.