Data Centers
The AI Build-Out Became a Debt Story, and Bond Buyers Are Pushing Back
AI-related debt issuance is heading toward $570 billion this year while order books for hyperscaler bonds have thinned sharply. The build-out has…
Big Tech Spent Its Way to a Reckoning, and This Week Delivers the Bill
Alphabet beat on revenue and fell 5% on a $205 billion capital budget. With Microsoft, Meta, Apple and Amazon reporting in 48…