Tech Giants Borrow Billions for AI, Shaking Credit Markets

Tech giants like Amazon, Google, Meta, Microsoft, and Oracle are borrowing billions to fund AI infrastructure, leading to a record-breaking surge in corporate bond issuance. However, recent bond sales have seen a drop in orders and increased borrowing costs, indicating investor hesitation. Despite these concerns, analysts remain optimistic about the financial health of these companies, attributing the widening spreads to market saturation rather than fundamental weakness.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.