Apollo's Torsten Slok warns hyperscaler debt is a warning sign as CDS widen

Apollo's chief economist Torsten Slok cautioned that widening hyperscaler credit default swaps signal deteriorating credit fundamentals rather than dealer hedging, pointing to debt-financed AI capex, rising leverage and negative free cash flow with uncertain returns. CNBC reported the warning as a sign of stress in hyperscaler debt.

Detected & updated continuously · Source: Nebula