The spending has hurt the Silicon Valley giant’s cash flow, which turned negative. Meta said it would issue a new class of stock to help it raise more money.
The spending has hurt the Silicon Valley giant’s cash flow, which turned negative. Meta said it would issue a new class of stock to help it raise more money.
Source: The New York Times – Tech
🔑 Key Takeaways
- Wire dispatch directly ingested from NYT > Technology.
- Published at Wed, 21 Oct 2026 21:18.
- Source URL: https://www.nytimes.com/2026/10/21/technology/meta-earnings.html