JUST IN: 🇺���� NYSE is building an onchain settlement platform for tokenized securities
NYSE President Lynn Martin said the exchange participated in DTC’s tokenization pilot in July and is exploring blockchain-based infrastructure to help bridge traditional finance with DeFi.
Investors are worried about Big Tech's debt.
Oracle's, $ORCL, 5-year credit default swap (CDS) has surged +70 basis points year-to-date, to a record ~215 basis points, the largest increase among Big Tech companies.
This is followed by Broadcom, $AVGO, whose 5-year CDS has risen +48 basis points over the same period.
Meta’s, $META, 5-year CDS is up +39 basis points, to 95 basis points, the highest since trading began in October 2025.
Nvidia's, $NVDA, 5-year CDS is up +32 basis points so far in 2026 to ~82 basis points, the highest since it began trading in November 2025.
Furthermore, the 5-year CDS for Amazon, $AMZN, and Alphabet, $GOOGL, has increased +30 and +29 basis points, respectively.
This comes as Big Tech companies have issued ~$200 billion in corporate bonds year-to-date, nearly double the full-year total for 2025.
Credit markets are becoming increasingly worried about the cost of financing the AI race.
JUST IN: 🇺🇸 Republican Rep. Dan Crenshaw tells Americans struggling with high prices to "stop whining, get a job, eat Ramen."
During his 7 years in Congress, Dan Crenshaw's net worth has increased by an estimated 65% to $1,340,000.
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