Google Debt-Risk Gauge Rises as Earnings Revive AI Debt Jitters

Alphabet Inc.'s credit default swap spreads widened on Thursday as its stock price fell following the release of quarterly earnings results. The company has undertaken significant spending on artificial intelligence infrastructure funded through debt issuance. Credit markets typically price in higher default risk when a company's equity value declines sharply and questions arise about whether capital investments will generate expected returns.

• Bloomberg — Google Debt-Risk Gauge Rises as Earnings Revive AI Debt Jitters

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