The spending has hurt the Silicon Valley giant’s cash flow, which turned negative. Meta said it would issue a new class of stock to help it raise more money.
Source link : https://www.nytimes.com/2026/10/21/technology/meta-earnings.html
Author : Eli Tan
Publish date : 2026-10-21 22:42:00
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Meta Earnings Show Increased A.I. Spending, Even as Cash Pressures Grow
By IntelliNews