Meta outlook revised downward by S&P on cash flow and capex concerns
Summary
S&P Global Ratings has adjusted its outlook on Meta to negative. This decision reflects growing concerns regarding the technology company's heavy capital expenditures and their impact on free cash flow.
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.
Source: Read the full story at US Top News and Analysis
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