A notable feature of the artificial intelligence trade's recent weakness has been a widening in credit derivatives tied to ...
Saba Capital Management has recently increased the amount of credit default swaps on big tech firms it sells to banks as ...
Shares in Oracle Corporation (NYSE:ORCL) are down as much as 37% from the record high set in September as investors turned ...
The screenshot below, courtesy of Refinitiv, shows that CoreWeave has $18.6 billion of debt outstanding, spread out between bonds and loans. Over the last four quarters the company has sales of $1.92 ...
Boaz Weinstein's Saba Capital Management has sold credit derivatives in recent months to lenders seeking protection on big ...
Credit default swaps (CDSs) provide protection for investors in the event that the borrower defaults on their debt or loan. They can play a pivotal part in financial and investment industries, as they ...
The cost of protecting Oracle Corp.’s debt against default is surging by the most since 2021, as jittery investors and ...
Credit default swaps on major AI companies are soaring. Oracle and other tech giants are borrowing billions to expand AI data ...
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Market regulators agreed yesterday to collaborate on the oversight of credit default swaps, the insurance-like derivative contracts that got American International Group into trouble, and said that at ...
As Bear Stearns careened toward its eventual fire sale to JPMorgan Chase last weekend, the cost of protecting its debt, through an instrument called a credit default swap, began to rise rapidly as ...