Technology
Meta's credit risk indicator jumps to record high after results
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Meta's credit risk indicator jumps to record high after results Oct 22 : The cost of insuring Meta Platforms' debt against default hit an all-time high on Monday, as investors grappled with concerns about the cost of its expanding AI build-out. Five-year credit default swaps gained 7.3 basis points to a record high of 114.5 bps and were set for its biggest one-day jump since at least 2025, Markit data showed.
Meta's credit risk indicator jumps to record high after results
Oct 22 : The cost of insuring Meta Platforms' debt against default hit an all-time high on Monday, as investors grappled with concerns about the cost of its expanding AI build-out.
Five-year credit default swaps gained 7.3 basis points to a record high of 114.5 bps and were set for its biggest one-day jump since at least 2025, Markit data showed.
Source: Reuters