Chamath Palihapitiya's Nervous 'Gulp' A Sign Of Things To Come? Oracle's Credit Default Swaps Surge Past COVID-19 Levels - Meta Platforms (NASDAQ:META), Oracle (NYSE:ORCL)

Chamath Palihapitiya's Nervous 'Gulp' A Sign Of Things To Come? Oracle's Credit Default Swaps Surge Past COVID-19 Levels - Meta Platforms (NASDAQ:META), Oracle (NYSE:ORCL)

Investor Chamath Palihapitiya highlighted Oracle Corp.’s (NYSE:ORCL) surging credit default swaps, hinting at growing unease in credit markets over the debt-fueled AI infrastructure push. CDS Rates Surge Past COVID-19 Levels On Tuesday, in a post on X, Palihapitiya shared a chart showing Oracle’s CDS had surged to 160 basis points, which reflects the rising annual cost of insuring the company’s debt against default. Palihapitiya just said “gulp”…