Meta Platforms has secured $25 billion in investment-grade bonds to fuel its aggressive expansion in artificial intelligence infrastructure. This significant debt issuance follows a substantial increase in the company’s capital expenditure outlook and reflects a broader trend of Big Tech investing heavily in AI.
Why US stocks are rising: Nasdaq hits record after weaker jobs data cools rate-hike bets; Nike shares drop on forecast
US stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining oil prices contributed to