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by HDThoreaun
37 days ago
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Meta makes $60 billion profit a year. Theyve got a 5.33 billion dividend and do $25 billion of buybacks a year. So even after returning capital to shareholders theyre racking up $30 billion a year in cash flow. They also have minimal debt, less than one year of profits on top of a cash pile that could pay it off instantly. Mark could easily pay for AI capex without cutting workforce if he wanted to. |
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