S&P Says Meta Can’t Make Money From AI as Well as Its Rivals
S&P just put Meta's coveted AA- rating on a countdown clock, citing a capex spiral that could push leverage past the downgrade threshold by 2027. Meta fired back immediately, but the stock and the balance sheet tell a more complicated story.
S&P just put Meta's coveted AA- rating on a countdown clock, citing a capex spiral that could push leverage past the downgrade threshold by 2027. Meta fired back immediately, but the stock and the balance sheet tell a more complicated story.
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