Nvidia's default risk cost has tripled this year, passing Meta's
FROM THE WIRE · FINANCE.YAHOO.COM
Anyone who has co-signed a loan for a friend knows how the story can end. When the payments stop, the bank calls you. Nvidia Corp.(NASDAQ:NVDA) has co-signed a lot of loans. It owns a stake in CoreWeave Inc.(NASDAQ:CRWV). It has promised to buy computing capacity the neocloud…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishRising CDS on a key AI company can weigh on sentiment toward the sector and its partners.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Nvidia's five-year CDS stood at 127 basis points on Tuesday.
- 02The cost of protection has more than tripled this year.
- 03Nvidia's credit risk rose above Meta's, according to S&P Global data.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
NVIDIA Corporation218.94 USD+0.37%today +1.36%Negative Meta Platforms, Inc.625.32 USD+0.07%today -0.83%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets