Macro Finance
Google Debt-Risk Gauge Rises as Earnings Revive AI Debt Jitters
Bloomberg Markets·October 29, 2026·1 min read
The cost of insuring against losses on Alphabet Inc.'s debt rose on Thursday as its shares plummeted, after disappointing results intensified fears that its massive bet on debt-funded AI spending may fail to pay off. The market's reaction signals growing concern over the sustainability of Alphabet's AI investment strategy.
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