S&P Downgrades Meta's Credit Outlook to Negative: How Much Patience Does Wall Street Have Left for AI Spending?

Due to persistently high AI (artificial intelligence)-related spending by tech giants, corporate balance sheets are facing increasing pressure. Recently, S&P Global Ratings revised the outlook on Meta's "AA-" credit rating from stable to negative. This means that within the next two years, S&P may downgrade Meta's credit rating.