This is absolutely incredible.
Investors now perceive Nvidia to be as creditworthy as the US government.
Nvidia's $NVDA, 5-year credit default swap (CDS) is trading at ~38 basis points, slightly below the US sovereign CDS, at 40 basis points.
In other words, markets consider the world's largest company to be less likely to default on its obligations than the US federal government.
This comes as in FY2026, Nvidia carried only ~$8.5 billion in total debt against ~$10.6 billion in cash and generated nearly $100 billion in free cash flow, giving it one of the strongest balance sheets of any company in the world.
Even if Nvidia's earnings dropped -90%, it would still rank among the 100 most profitable companies in the world.
Markets are treating Nvidia as one of the safest companies on the planet.
@toptickcrypto the memory hype cycle is trading on growth multiples (futures) and that involves up to 10 years of Hyperscalers' capex/cashflow
this is not good because the growth is not genuine like NVDA, MRVL and more of a supply chain shock which makes investing in MU, SNDK harder
@googlecloud@GoogleCloud_IN It's now one whole month and the escalation manager who was assigned last replied on May 9th requesting for 2-3 business days and I have never heard back from him
@googlecloud we've been billed $2k in Gemini API for services we did not use through a Google Cloud Firebase API key vulnerability that has been flagged below
https://t.co/Yi607dg927
I've been speaking to your technical and billing support for last 15 days with very slow to no progress. we've also shared the incident root cause analysis that traces back to this same vulnerability (Billing Case number DMed)
Can you help resolve this? @OfficialLoganK
Other Google Cloud customers affected by same vulnerability:
https://t.co/PubmEZhGDk
https://t.co/C0k90RkejT
Fun interactive science app ideas | Part 3
Played around with generating 3D biological structures and made an app to explore them interactively
UI Design
GPT Images 2
Code
Gemini 3.1 Pro
More demos ↓
@googlecloud we've been billed $2k in Gemini API for services we did not use through a Google Cloud Firebase API key vulnerability that has been flagged below
https://t.co/Yi607dg927
I've been speaking to your technical and billing support for last 15 days with very slow to no progress. we've also shared the incident root cause analysis that traces back to this same vulnerability (Billing Case number DMed)
Can you help resolve this? @OfficialLoganK
Other Google Cloud customers affected by same vulnerability:
https://t.co/PubmEZhGDk
https://t.co/C0k90RkejT
Insane. @googlecloud is not taking responsibility for this and stole $35k from our startup.
Thousands of customers affected by the security vulnerability with Firebase keys exposing Gemine API as @trufflesec pointed out.
Very disappointed in this as an ex-Googler @ThomasOrTK@sundarpichai
@jasonlk moreover, why is the leading AI company doubling down on human sales
the one who typically disrupt themselves through dogfooding
agentic sales is not for everyone 🤔