Meta's AI spending has cost its rating? S&P downgrades credit outlook to AA- as ‘ability to monetize limited’
· livemint.com
S&P Global Ratings lowered Meta’s AA- outlook to negative, citing rising leverage and heavy AI spending whose returns remain uncertain. The move signals a possible downgrade within two years, though Meta’s rating is not currently under review.
(Bloomberg) — S&P Global Ratings took an early step toward potentially downgrading Meta Platforms Inc.’s credit rating within the next two years, amid growi...