Alphabet and Other Big Tech Could Borrow Hundreds of Billions Each

Amazon, Alphabet and Meta Platforms in recent months have each turned to the bond markets to raise tens of billions of dollars for their massive investments in AI data centers. And all three are likely to borrow much more in the next couple of years, with their projected capital expenditures now likely to come close to or surpass the cash they generate. How much more can they borrow, without suffering a credit ratings downgrade and seeing their financing costs rise, is now a big question...