Categories: Business News

Meta's free cash flow wiped out as AI buildout grows

By Katie Paul and Jaspreet Singh July 29 (Reuters) – Meta Platforms reported a precipitous 91% drop in free cash flow on Wednesday, underscoring the financial strain of…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: July 30, 2026 02:30:12 IST

By Katie Paul and Jaspreet Singh July 29 (Reuters) – Meta Platforms reported a precipitous 91% drop in free cash flow on Wednesday, underscoring the financial strain of the social media giant's costly

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: July 30, 2026 02:30:12 IST

Recent Posts

North Korea's Kim Yo Jong denounces IAEA's meeting on denuclearization

SEOUL, Sept 17 (Reuters) - Kim Yo Jong, the powerful sister of North Korean leader…

September 17, 2026

Netflix's 'Monsters' explores Lizzie Borden mystery in first female-focused season

By Danielle Broadway LOS ANGELES, Sept 16 (Reuters) - Ella Beatty believes her portrayal of…

September 17, 2026

Banks provide $22 billion chip loan to Blackstone, Alphabet cloud venture, Bloomberg News reports

Sept 16 (Reuters) - A group of 10 banks is providing a $22 billion chip…

September 17, 2026