FILE PHOTO: The logo of Meta is seen during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 12, 2025. REUTERS/Benoit Tessier/File Photo
22 Oct 2026 09:50PM
Oct 22 : The cost of insuring Meta Platforms' debt against default hit an all-time high on Monday, as investors grappled with concerns about the cost of its expanding AI build-out.
Five-year credit default swaps gained 7.3 basis points to a record high of 114.5 bps and were set for its biggest one-day jump since at least 2025, Markit data showed.
Source: Reuters