Closed
The Marked Chart Wire · Business
Meta
S&P Global Ratings lowered Meta's credit outlook to negative, citing uncertainty over elevated capital expenditures. The agency expects the company to use debt to cover its free cash flow deficit in 2028.
Part of a series: Meta faces legal bills and raises cash for AI
Prices from Based on Fri, Oct 30 close · Opens Mon 9:30 AM ET. Each tile opens the stock's chart and news.
New to this? Read: Reading a stock chart
Meta
S&P Global Ratings lowered Meta Platforms' credit outlook to negative, citing significant uncertainty regarding capital expenditures and free operating cash flow.
Aehr Test Systems
Vijay Rao, who previously led infrastructure at Meta, became a director at Aehr Test Systems on October 28. The semiconductor firm seeks to leverage his background in AI data centers to grow its testing services.
Meta Financing
Meta Platforms issued $12.5 billion in mandatory convertible preferred stock and $25 billion in Class A common shares. The preferred shares carry a 6.50 percent annual dividend and will convert in 2029.
HotGolden Dome
Alphabet is reportedly in early discussions with the Department of Defense to protect data for the $185 billion Golden Dome missile defense program. The talks involve Google's cybersecurity capabilities and a potential multi-company consortium, though no final decision has been made.
Golden Dome
Alphabet is reportedly in discussions with the Department of Defense regarding potential work on the Golden Dome project.
HotGlobal Payments
CD&R is said to be exploring the acquisition of Global Payments, a transaction valued at approximately $40 billion.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.