S&P Global warns that tech giants’ AI infrastructure-related debt could be higher than the amounts they have publicly disclosed.
1 hours ago
S&P Global warned on Monday that six major tech firms—Amazon, Microsoft, Alphabet, Oracle, Meta, and SpaceX—may hold higher actual debt and contingent liabilities tied to AI infrastructure than reflected in their public financial data. The rating agency forecasts the six companies will spend over $7 trillion in capital expenditures on data centers and other AI projects between 2025 and 2030, and will maintain negative free cash flow through at least next year. While the rating agency has not broadly downgraded their credit ratings over these concerns, it notes the biggest risk lies in the failure to deliver on expected profits after completing the massive investments.
Predict.fun token is likely to launch on Aster’s pre-market at 8 PM tonight, offering up to 5x leverage.
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Binance will delist PTBUSDT and MITOUSDT USDT-margined perpetual contracts.
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Aethir Announces Major ATH Tokenomics Update: Daily Burn Mechanism to Launch in November, Burn Amount Directly Linked to Network’s Real Revenue.
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Bitget Launchpool is set to list AXIS, with users locking BGB and AXIS to unlock 1.33 million AXIS tokens.
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40 minutes ago, Kaito's multi-sig address transferred tokens worth $2.25 million, likely linked to a large token unlock.
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Tesla and Meta’s earnings reports are upcoming, with over 80% of participants in OKX’s earnings season forecasting the results will beat expectations.
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