Investors in data-center bonds, such as QTS's $4.6 billion bond linked to Microsoft, are now pricing risk based on the bond's repayment structure rather than the tenant's credit strength. Unlike Microsoft's corporate bonds, the QTS bond uses a bullet repayment structure, exposing investors to refinancing risk at maturity. This shift means investors are scrutinizing the cash flow and refinancing risks more carefully, differentiating strong from weak bond structures. As AI-related debt surges, this new discipline will likely lead to higher costs for bullet-structured bonds and encourage more amortizing loans or stronger tenant protections.
In Q2 2026, top contributors to growth included Taiwan Semiconductor Manufacturing, Alphabet, United Rentals, Apple, and Visa. Alphabet’s Google Search and Cloud segments showed robust revenue growth of 19% and 63%, respectively, boosting operating i...
Microsoft is instructing its sales team to highlight the efficiency and cost advantages of its own AI models compared to competitors like OpenAI, Google, and Anthropic. This shift comes as Microsoft replaces some third-party AI models in apps like Wo...
The SPDR NYSE Technology ETF (XNTK) has significantly outperformed the Invesco QQQ Trust (QQQ) over the past year, returning 51.65% compared to QQQ's 28.43%. XNTK uses an equal-weight approach focusing solely on about 35 tech leaders, capturing broad...
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Microsoft fixed a major security vulnerability in the remastered Age of Empires II that could let hackers take control of a victim's computer by sending a malicious game invite. The flaw, discovered with AI assistance, allowed remote code execution i...
