Business & Finance
S&P Global Ratings revised Meta Platforms' credit outlook from stable to negative, pointing to the company's $135–$145 billion capital expenditure forecast and its first-ever quarter of negative free cash flow of $2.12 billion.
Marc Sabatini · 4 DAYS AGO
Business & Finance
Goldman Sachs is steering investors toward health care and consumer staples stocks as rising interest rates and slowing AI capital spending growth cloud the near-term earnings outlook for the S&P 500.
Jay Goldberg · 15 DAYS AGO
Business & Finance
Meta Platforms surged 12% on Monday as options traders flooded into the stock following strong early downloads of its Muse AI assistant, helping lift the S&P 500 to its best session since August 4.
Marc Sabatini · 43 DAYS AGO
Business & Finance
Reddit will join the S&P 500 on August 18, replacing AvalonBay Communities and becoming only the second pure-play social media company in the benchmark index after Meta. Shares climbed 11% in extended trading on the news.
TechEchelon Staff · 82 DAYS AGO
Business & Finance
The S&P 500 industrials sector is trading at a forward P/E ratio above 30 — matching tech valuations — as AI data center construction and defense spending drive unprecedented investor demand into machinery, electrical equipment, and aerospace companies.
TechEchelon Staff · 100 DAYS AGO
Business & Finance
Stripe and Advent International submitted a joint all-cash bid to acquire PayPal at $60.50 per share, valuing the fintech giant at $53.4 billion, even as a broader AI-driven selloff dragged the S&P 500 down 1.6% for the week.
Sara Montes de Oca · 108 DAYS AGO