Meta pushes back on S&P's credit assessment
2 Oct 31 · 13d ago · 1 article · 1 source · development 2 of 2
A Meta spokesperson told Fortune the company disagrees with S&P's outlook downgrade and the assumptions behind its cash-flow and monetization warnings.
“While we believe the company intends to monetize these investments via improved advertising tools that support faster ad revenue growth, as well as from the development of new revenue streams stemming from its introduction of agentic apps such as Muse, it is unclear when these revenue streams will generate material contributions that exceed their rising costs over the next few years”
S&P Global, Credit ratings agency · rss ↗OpenAI AI developer, ChatGPT makerMeta Social media and AI companyS&P Global Credit ratings agencyAnthropic OpenAI rival, preparing IPO
Elon Musk SpaceX CEO
The whole story articles the bright band is this development · numbered dots are the others · click one to jump
Reported in the same hours no headline names this development itself — these 1 claim were published in its stretch
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first by Yahoo Finance, 13d ago · also Fortune
All 2 developments of OpenAI cuts fundraising target as S&P hits Meta with credit… →
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