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2026-10-31 05:06:24
International rating agency Standard & Poor's (S&P) issued a rating adjustment announcement, downgrading the outlook for Meta Platforms Inc. to negative. The core reason for this adjustment is the significant uncertainty surrounding the company's capital expenditure plans and free operating cash flow performance. It is understood that S&P's outlook adjustment primarily considers the potential for fluctuations in Meta's spending plans, including its AI-related infrastructure development and continued investment in its metaverse business. Coupled with the unclear revenue growth prospects of its core advertising business, the stability of its cash flow faces multiple variables.
