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The Marked Chart Wire · Business
Meta
Standard & Poor's lowered Meta's credit outlook to negative, citing risks associated with elevated capital expenditures and cash flow.
Part of a series: Meta raises cash for AI as credit outlook turns negative
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Meta
Meta Platforms projects fourth-quarter revenue between $73 billion and $76 billion, according to its latest guidance.
Meta
S&P Global Ratings lowered Meta Platforms' credit outlook to negative, citing significant uncertainty regarding capital expenditures and free operating cash flow.
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.
Ryanair
Ryanair Holdings reported second-quarter earnings per share of $3.63, exceeding the $3.49 estimate. Revenue came in at $6.67 billion, surpassing the expected $6.47 billion.
Ryanair
The airline is evaluating its spending and may halt salary increases because higher fuel prices are cutting into earnings.
Nio
The automaker reported 34,246 unit sales for the month. Total year-to-date volume climbed 38.5 percent to 334,547 units.
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