FinanceCNBC Techabout 1 hour ago
Meta Reports Negative Free Cash Flow
6 min read
Meta Platforms reported negative free cash flow for the first time since its 2012 initial public offering, causing shares to drop 7% on Thursday. The company warned that long-term plans could require raising hundreds of billions of dollars over several years beginning as early as fall 2026. Investors also scrutinized CoreWeave, which fell 10% Thursday.
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