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The Marked Chart Wire · Business
Meta
Meta Platforms projects fourth-quarter revenue between $73 billion and $76 billion, according to its latest guidance.
Part of a series: Meta raises cash to fund AI expansion
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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.
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.
HotPalantir
Palantir reported that U.S. commercial revenue rose 149 percent last quarter as both government and commercial divisions continue to expand.
HotServiceNow
ServiceNow shares fell 27 percent after the company reported third-quarter growth that met expectations but fell short of the larger beats investors have grown used to.
Anthropic IPO
Following its October 26 S-1 submission, the AI firm is expected to list shares on an exchange in under 30 days.
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