News
🚨 🇺🇸 S&P turns Meta's outlook negative on AI capex, 🇫🇷 Fitch moves France to negative outlook
🚨 🇺🇸 S&P turns Meta's outlook negative on AI capex, 🇫🇷 Fitch moves France to negative outlook
- 🇺🇸 S&P Global has revised its outlook on Meta Platforms to negative, keeping the rating itself unchanged, citing significant uncertainty around its capital spending and free operating cash flow, and saying it expects Meta to fund its 2028 cash flow shortfall with debt alone (newswires, )
- 🇫🇷 Fitch has affirmed France at A+ but cut the outlook to negative (Fitch statement via newswires, )
FO view: Fitch's France warning keeps the French fiscal premium in play for Monday's open.
Not investment advice.