Lates News

Due to growing market concerns over artificial intelligence-related financing and potential large-scale acquisition deals, SoftBank Group's credit risk has risen to its highest level in nearly four years. Institutional data shows that on Tuesday, SoftBank's five-year credit default swap (CDS) quotes reached 432 basis points, the highest since early November 2022. After breaking through 400 basis points a week ago, the indicator has now widened by more than 30 basis points. The financial pressure facing U.S. cloud computing service provider CoreWeave highlights the accumulating debt problems behind the AI investment boom. Meanwhile, as financing costs rise and SoftBank considers acquiring security company Allied Universal, the company has also come under close market scrutiny.