Meta stock sinks 6% as AI spend pushes free cash flow negative

Source: cnbc October 22, 2026 · 08:45
Meta stock sinks 6% as AI spend pushes free cash flow negative
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Prices for the social media giant's 5-year credit default swaps are reaching all-time highs as investors signal growing credit concerns.
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CNBC

The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…

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