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Tech companies are issuing more debt now than before the dot-com crash as a rapid infrastructure buildout unfolds in the AI boom, Moody’s Analytics Chief Economist Mark Zandi said in a LinkedInpost on Sunday. Even after adjusting for inflation, big tech companies are issuing more bonds than during the late 1990s. And the companies aren’t … Read more
Top CEOs praised Warren Buffett after the legendary investor said Saturday he plans to step down as Berkshire Hathaway chief by the end of the year. Buffett said Berkshire Hathaway Energy CEO Greg Abel should take over as head of the overall conglomerate, stunning shareholders at the annual conference. The “Oracle of Omaha” drew numerous … Read more
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