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taishiro
taishiro
Meta’s Q3 results expose a growing tension in the AI trade: strong revenue growth does not automatically justify unlimited spending. Revenue climbed 26% YoY to $64.6B, but operating income fell 37%, while free cash flow turned negative at $2.12B. The company also disclosed roughly $810B in lease obligations and noncancelable contractual commitments, much of it tied to infrastructure and long-term capacity. #MetaAISpendingConcerns

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