Credit markets grew more fearful about tech debt on Thursday, sending the cost of protecting Broadcom Inc. and SpaceX debt against default to record highs, after disappointing results from Alphabet Inc. intensified fears about the industry’s massive bets on artificial intelligence.
Credit markets grew more fearful about tech debt on Thursday, sending the cost of protecting Broadcom Inc. and SpaceX debt against default to record highs, after disappointing results from Alphabet Inc. intensified fears about the industry’s massive bets on artificial intelligence.
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