Company
S&P Global is a major financial information firm whose S&P Global Ratings unit assigns credit ratings to corporate and sovereign debt issuers.
S&P Global assigned preliminary ratings from B to AAA to an Aven home equity deal underwritten 100% on VantageScore 4.0. One deal built with conservative inputs shows S&P's method works, and the test for other lenders is whether it holds outside HELOCs.
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Parametrix CEO Jonathan Hatzor says the insurance market cannot provide $10bn of property cover for a data center's GPUs. S&P Global Ratings says demand could generate $10bn in new premiums in 2026, yet owners must price what insurers will not carry.
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FHFA gave VantageScore pricing parity with FICO classic, but 5% to 6% of loans in its market use it, per industry data Keefe, Bruyette & Woods analyzed. MBA's Bob Broeksmit says the choice cuts borrower costs, while William Raveis Mortgage will stay on FICO until forced.
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Oracle's five-year credit default swaps hit a record 261 basis points in early October, about three times Nvidia's 80 to 87. Broadcom's record 136 sits between them, in a ranking that tracks which companies are borrowing to build AI infrastructure themselves.
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Moody's rated Sky Protocol B3, its first stablecoin-protocol rating, citing about $90 million of equity behind roughly $10 billion of assets. That cushion is under 1%, well short of the 2.5% capital ratio Moody's set as its bar for an upgrade.
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S&P Global Ratings launched a letter-graded risk scale for on-chain lending vaults, a market that grew from $1.5 billion to $10 billion in two years. With no vault graded yet, the method matters first to curators, because S&P counts allocation caps coded into smart contracts as strong risk limits.
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Freddie Mac has made capital-markets head John Glessner its chief risk officer as well, at no extra pay, after Anil Hinduja left the job. The role oversees the push to price VantageScore 4.0 loans like FICO loans, now about 5% of new GSE deliveries.
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US net interest payments rose $111 billion this year to roughly $1.08 trillion, on figures a former Senate budget staffer published in Fortune. With debt adding $1 trillion every five months, the bill compounds whether the 5.04% yield reflects oil and inflation or fiscal risk.
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Scope Ratings held the US at AA- and said interest costs will carry debt toward 160% of GDP by 2036 while the primary deficit stays near 3.5%. That makes the forecast depend on Treasury yields and on how the post-midterm Congress handles the debt limit.
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France's five-year default swaps rose to 81 basis points on Friday as its 10-year yield hit 4.989%, the highest since 2002. Macquarie's Thierry Wizman calls outright default unlikely but puts the odds of a budget-straining National Rally presidency near 50%.
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S&P Global Ratings raised its 2026 Asia-Pacific growth forecast by 0.2 point to 4.6%, crediting an AI-led tech export boom it expects to peak soon. It then has the region slowing to 4.4% in 2027, the pace it had forecast for this year before the revision.
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A loan quoted below par is the only continuously updated figure anyone has on Oracle's quarter-built New Mexico AI campus, and whether it prices the buildings or the tenant's rating decides how much a stall report matters.
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Ten billion dollars of notes plus a billion in euros price around September 24 to fund a commitment approaching $65bn. The 13% stake SoftBank is targeting implies a valuation well below the $730bn cited.
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The $10bn SoftBank owes OpenAI on 1 October is the exact size of the dollar leg of the bond it prices on 24 September. Yields on its 2031 paper have moved from 6.7% in January to about 8.2% in September.
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Michael Burry's latest Substack post puts Oracle's off-balance-sheet data centre lease commitments at $261bn, which is 2.9 times the revenue the company has guided for the full year. He is short the stock.
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The company said in a filing that the money covers additional actions it expects to take. Roughly 92,000 of its 141,000 staff work outside the US, and collective cuts in the EU need consultation and written notice before anyone leaves.
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Chinese carmakers shipped more than 6.2 million cars in eight months while sales at home fell 25.6% in August. The EU duty covers battery electrics only. BYD's Hungarian plant reaches mass production this quarter.
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An investment-grade stamp would let the labs fund compute out of bond mandates instead of share issuance, and it would land years ahead of the revenue meant to service the coupons, which is what S&P flagged in September.
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Japan's ten-year yield is at a thirty-year high and the real yield is still only 1.1%, which is an argument that this repricing is unfinished rather than extreme. The bill lands on whoever owns the duration.
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Ohio's attorney general is now working out a repayment plan across 325 separate restricted funds, which is a harder piece of arithmetic than the deficit that prompted the draw, and nearly 200 colleges did something similar last year.
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