🚨 META SPENT $35 BILLION. WALL STREET SPENT $3.5 BILLION TO UNDERSTAND THE CREDIT RISK.
💰 Meta just reported $34.9 billion in quarterly capital expenditure and negative $2.1 billion in free cash flow.
🏦 Meanwhile, the London Stock Exchange Group announced a $3.535 billion acquisition of Octus, a company specializing in private credit intelligence, loan documents, and distressed debt.
Why is this important?
Because owning the compute is one thing. Understanding who actually gets paid is another.
📉 The Nasdaq fell 2.6% while investors questioned the economics behind the AI infrastructure boom.
🏗️ Meanwhile, $3.3 billion in construction financing CLOSED for 350 Park Avenue in…
The skinny
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