❌

Normal view

Meta stock sinks 6% as AI spending pushes free cash flow negative

22 October 2026 at 18:30
Meta Platforms shares fell 6% after third-quarter spending on artificial intelligence infrastructure pushed the company's free cash flow negative for the first time in years. Prices for Meta's five-year credit default swaps climbed to record highs as investors signaled growing concern over the company's debt risk.

❌