What finance podcasts said about markets on 24 October 2026

The bear case argued: Meta's record revenue was overshadowed by investor concern over its massive and escalating AI capital expenditure, which turned free cash flow negative for the first time since its IPO. Argued on WSJ What's News’s “What’s News in Markets: Meta’s AI Bill, IBM’s Comeback, Musk Explores Merger”, aired 24 October 2026. The company disclosed roughly $825 billion in future leases and non-cancellable AI contracts, up from $700 billion in July, and executives signaled aggressive spending would continue, funded partly by a non-voting stock split.