‘The price of 5Y CDS on Meta’s debt surged to a fresh record Thursday as its commitments to spend about $825B in the future on various leases and contracts reignited fears that tech giants will issue more debt for AI buildout in an already saturated market.’ www.bloomberg.com/news/article...

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NEWS: A federal judge has ordered Trump to testify UNDER OATH by December 11 in his own $10 BILLION defamation lawsuit against the BBC—or face sanctions, including possible dismissal of the case.

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‘Then, as now, President Trump was facing the possibility of a “Blue Wave”. In 2018, as now, markets were surfing on the results of a massive cut in corporate taxes that fed into impressive profit growth. And just as in 2018, the Fed is under new management.’ www.bloomberg.com/opinion/news...

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‘Circularity seen among AI hyperscalers and model providers also extends to token spending, as the startups buying the most compute are paying for it with venture capital rather than organic earnings.’ www.apollo.com/wealth/insig...

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⚡️️️️️️️Helsinki announces over $336 million for Ukraine to boost energy system, satellite intelligence as Finnish PM visits Kyiv. Kyiv has made a deal with Finnish companies Nokia and ICEYE to allow Ukraine greater access to Finland's satellite services, President Zelensky said.

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