Tag: #territory

Corporate Earnings

Meta Shares Slide Nearly 7% as Massive AI Spending Drags Free Cash Flow Into Negative Territory

Saturday, October 24, 2026 | 06:57

Meta shares slumped nearly 7% on Thursday as the social media giant revealed negative free cash flow in its third-quarter earnings report while simultaneously raising the floor of its projected capital expenditures for the full year. The significant market reaction highlights mounting investor anxiety over the staggering financial commitments required to sustain the ongoing artificial […]