Need Landing Zone For Capex Estimates: Karoui
Lotfi Karoui, multi-asset credit strategist at Pimco, and Jeff Sherman, deputy CIO of DoubleLine Capital, join Scarlet Fu on "Bloomberg Real Yield." Meta said it has agreed to spend about $825 billion in the future on various leases and contracts, many of them related to computing power and infrastructure for artificial intelligence. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
