Categories: Tech & Auto

Meta's credit risk indicator hits record high on increased AI spending plan

By Shashwat Chauhan Oct 22 (Reuters) – The cost of insuring Meta Platforms' debt against default touched an all-time high on Thursday, as investors grappled with concerns about its plan to spend more

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Share
Published by
Indianews Syndication

Recent Posts

UPDATE 4-Blackstone sees widening credit spreads as a chance to capture higher returns

(Updates shares in paragraph 7) By Utkarsh Shetti Oct 22 (Reuters) - Blackstone President and…

40 seconds ago

Simmers to face Picklum in surfing's Rip Curl Pro Portugal final

VIDEO SHOWS: HIGHLIGHTS OF THE WOMEN'S SEMI-FINALS OF THE MEO RIP CURL PRO PORTUGAL EVENT…

2 minutes ago

Stocks drop as Meta dampens AI optimism; Treasury yields fall

By Caroline Valetkevitch and Amanda Cooper NEW YORK/LONDON, Oct 22 (Reuters) - Major stock indexes…

5 minutes ago

Publishers, advertisers call EU, UK antitrust regulators to suspend Meta's new commercial terms

By Foo Yun Chee BRUSSELS, Oct 22 (Reuters) - Digital advertisers and publishers lobbied on…

6 minutes ago

Villanova pulling out of Philadelphia's fabled Big 5

Philadelphia's Big 5 basketball rivalry will move on without Villanova following the 2026-27 season. Fellow…

11 minutes ago

Canadian cliff diver Carlson becomes first woman to dive off an iceberg

VIDEO SHOWS: CLIFF DIVER MOLLY CARLSON BECOMING THE FIRST WOMAN TO DIVE OFF OF AN…

13 minutes ago