WSJ: CDS on Amazon, Alphabet, Microsoft, Meta and Oracle Debt Hit Highest Since 2021 on AI Build-Out Fears

The Wall Street Journal reports on Oct 31 that the cost to insure against debt defaults at the five AI hyperscalers — Amazon, Alphabet, Microsoft, Meta and Oracle — has climbed to its highest level since 2021, according to pricing data from Solve. The piece frames the AI build-out as 'the biggest market bet in history' and documents Oracle's five-year CDS near a record ~288bps, with Meta hitting ~108bps and Nvidia ~101bps, as AI-linked companies tap an estimated $466B of debt YTD.