Oct 22 (Reuters) - 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 po...
Meta's share increased by 4.8% this night due to convincing quarterly figures. Then today's midday turn. Meta reports new long-term spending plans that seem to scare the market. Therefore, from +4.8% now after trading start in New York, a loss of 6.59%. And also premiums for credit default insurance on bonds from [...] The post Meta: share crashes, credit protections on record – spending commitments 825 billion dollars appeared first on financia…