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.
Market Trading Guide: YES Bank among two stock picks for Monday with up to 10% upside scope
Equity markets saw broad-based selling pressure after weak monsoon forecasts raised concerns over food inflation, though falling crude oil prices and easing bond yields helped