Business
from24/7 Wall St.
1 week agoCan Applied Digital Get Out From Under Its Debt Overhang?
Applied Digital's financial structure and growing debt will be critical topics in the upcoming fiscal Q3 2026 results announcement.
"Every morning the opening screen on my Bloomberg is what's going on with CDS spreads on Oracle debt," Morgan Stanley Wealth Management CIO Lisa Shalett told Fortune in October, seeming to speak for a market that was increasingly worried about the bursting of a bubble in artificial intelligence (AI).