Meta Cash Flow Craters

New YorkFree cash flow fell $8.55bn to $784 million in a year.

Meta’s profit rose, but AI data-centre spending — up to $145bn this year — consumes cash immediately while earnings absorb it over years.

Shares fell 10% after hours; Alphabet posted the same shape last week, two of AI’s biggest buyers now flagging it.

Sources: Daily Maverick