#Microsoft og Meta har til sammen utstedt obligasjoner for 40 milliarder dollar, og debatten om AI-boblen tilspisser seg
About Microsoft og Meta har til sammen utstedt obligasjoner for 40 milliarder dollar, og debatten om AI-boblen tilspisser seg
3. til 4. november 2026 fullførte Meta en utstedelse av dollarobligasjoner på 15 milliarder dollar i fem trancher, med en løpetid på 30 år som forfaller i 2056, kupongrente på 7,5 % og avkastning på 7,53 %, med en premie på 220 basispunkter over amerikanske statsobligasjoner, og ordrevolum på 58 milliarder dollar; Microsoft fullførte deretter en obligasjonsutstedelse på 25 milliarder dollar i 10 trancher, med løpetider fra 2028 til 2066, og kupongrenter fra 4,85 % til 6,35 %. Samtidig uttalte OpenAIs president at selskapets største del av inntektene nå kommer fra bedriftsvirksomhet, og forventer at de vil være klare for børsnotering i 2027, mens Goldman advarte om at bekymringer rundt kapitalutgifter presser halvlederverdsettelsen ned til flerårige lavnivåer. Fellesskapet er uenige om dette virkelig er en vedvarende etterspørsel etter AI, eller et boblesignal støttet av høye finansieringskostnader, og den relaterte diskusjonen påvirker også kapitalmarkedssentimentet for teknologiselskaper og kryptomarkedet.
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Microsoft og Meta har til sammen utstedt obligasjoner for 40 milliarder dollar, og debatten om AI-boblen tilspisser seg Populære innlegg
The continuous sharp decline in the US stock market stopped last night, with tech stocks broadly rising. Storage chips, optical communications, AI hardware, semiconductors, advanced packaging, and others collectively strengthened. Strangely, Apple fell against the trend.
Aehr recently dropped from 147 to 65, a 56% decline in three months. Last night, the stock gapped up, rose steadily during the session, then surged sharply in the last minute before the close, ultimately soaring 26.50%, making
Meta drawing roughly $58B of orders for a $15B bond sale shows investors still accept its AI spending case. Yet the 30-year spread, about 90 bps wider than in April, says that confidence now carries a higher price. Demand can fund the buildout; it cannot prove the projects will produce cash flows that outrun the debt burden.
#MetaIssues15BInBonds
Euro-denominated Meta and Google Bonds are higher rated than those of France 😳
European savers want more Euro-denominated bonds than anyone is issuing.
Surely, there's a solution to the lack of AI data center and power build out in Europe if we can figure this out.
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Meta’s first EUR bond drew a record €53bn of orders, but Meta sold €9bn across six bonds on Wednesday, the longest run in 38 years.
Alphabet sold €6bn on Monday into more than €17bn of orders.
The European debt market has far more demand than supply, while the US seems to be the opposite.
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The US has one Treasury market, with about $32tn of debt held by the public. Europe has a separate bond market for each government, with different ratings, plus joint EU bonds worth about €857bn, roughly 3% of the US figure.
The EU27 makes up 71% of the US debt market by size, but often in different currencies at difference prices.
ECB chief economist Philip Lane said in April that the euro area is short of “safe assets”, the bonds investors treat as close to risk-free. He added that EU bonds still trade less easily than French or German debt.
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The EU’s own €10bn sale in October drew around €160bn of orders.
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Two things temper the headline number:
1. Investors ask for more bonds than they expect to get, so order books overstate real demand.
2. Capital rules still make a Bund cheaper for banks and insurers to hold than a Meta bond.
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But there's a giant flashing sign here:
European savings are helping pay for American data centers, in EUR, because Europe issues too few of the bonds its savers want.
SURELY we could issue European debt for sovereign European data centers?!
If the EU wants that money to fund European projects, it has to issue far more of its own long-dated debt.
Microsoft and Meta are both investing heavily in the future of AI.
Their bond-related headlines highlight another side of the AI race: financing the infrastructure behind it.
Data centers, chips and energy require enormous capital.
The question for investors is whether future AI revenue can justify today’s spending.#SonyQ2ProfitUp45%
Markedsprat: Metas euroobligasjoner handles høyere ved debut
06:08 AM EST, 11/05/2026 (MT Newswires) -- Meta Platforms' (FB2A.F) debut euroobligasjon steg under den første handelsdagen, rapporterte Bloomberg News torsdag.
Facebooks morselskap hentet inn 9 milliarder euro fra tilbudet, som ble priset i seks trancher, med forfall som spenner fra over fire år til over 38 år, rapporterte nyhetsbyrået onsdag.
Meta svarte ikke umiddelbart på en forespørsel om kommentar fra MT Newswires.
(Market Chatter-nyheter er hentet fra samtaler med markedsprofesjonelle glo
The market ripped today. Some names didn’t get the memo.
Tim Knight: $CAT down 5.5% and now off half its value from the peak. Peabody gapped down hard, off 17%.
For a stock that’s supposed to be an AI infrastructure winner, Caterpillar’s chart has been a catastrophe.
