S&P revises Meta’s outlook to negative as the AI spending bill keeps growing

S&P Global has revised the outlook for Meta to negative, citing concerns over the company's increasing AI spending bill. This rise in capital expenditure has sparked worries regarding Meta's financial stability and cashflow. Such developments could potentially impact investor confidence and increase borrowing costs for the company. The revision reflects a cautious stance by S&P as the costs associated with AI infrastructure continue to grow, creating significant pressure on the firm's overall financial outlook.