Meta Platforms Pref Share METAM 6.5 08/15/29

METAM
50.2202.11% ( +1.040 )
Trading: Nov 3, 12:30:08 (EDT)
  • Dolphin Daily | Connectivity down, memory down, new cloud down — has the market ditched AI for the Biden trade?

    DolphinResearch·
    - Global markets experienced widespread declines in technology and AI-related sectors as capital shifted toward defensive assets like healthcare and consumer goods. - Major events included Marvell acquiring Lumentum in a $115,000,000,000 stock-for-stock deal, alongside major corporate bond issuances from Oracle, Meta, and Google. - The Nasdaq fell 1.07% and the Philadelphia Semiconductor Index dropped 3.35% below its 200-day moving average, while macroeconomic indicators showed US October ISM manufacturing at 55.5.
  • What Is Going On With Meta Platforms Stock on Monday?

    benzinga_article·
    - Meta Platforms Inc. is facing increased investor scrutiny and credit rating pressure due to rising capital expenditures and aggressive artificial intelligence investments. - S&P Global Ratings revised Meta's AA- credit rating outlook to negative, projecting capital expenditures to reach about $140 billion in 2026 and exceed $225 billion in 2027. - Financial analysts and portfolio managers have reduced their holdings or turned cautious on the stock amid concerns over negative free cash flow, massive future commitments, and equity dilution.