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Moody's - credit ratings, research, and data for global capital markets

Explore the latest thought leadership from Moody's Ratings




AI infrastructure boom reshapes credit risk across big tech

Unprecedented capital investment is making tech companies increasingly asset-heavy, while the SpaceX IPO and potential offerings from OpenAI and Anthropic highlight the scale of financing required.





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South Asia is vulnerable to energy price shock but is more resilient than in the past

Bangladesh, Pakistan and Sri Lanka rely heavily on energy imports, but the countries have built up their capacity to absorb shocks, so are better placed than during the last oil price surge in 2022.

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Structural gaps restrict Latin America's AI adoption, reinforcing dominant companies' lead

Though the region lags in innovation, investment, skills, institutional depth and computing capacity, AI will still bolster some companies' competitive advantages in data, scale and infrastructure.

AI-driven memory chip shortage will have diverging credit effects across the value chain

Surging memory chip prices will boost earnings for Korean and US chipmakers but increase costs for China's consumer electronics manufacturers, although leading companies are mitigating risks.

Corporate sector outlooks hold largely steady but anxiety builds over Middle East conflict

Even as these outlooks improved very slightly in the second quarter, our forecasts for sector earnings fell as companies grew wary of higher costs from shipping restrictions in the Strait of Hormuz.

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Material AI credit benefits for financial companies will take time to crystallize

Measurable gains are modest so far, but AI promises sustainable cost efficiencies and revenue growth for those banks, insurers and asset managers able to integrate it successfully.

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Blockchain faces a long transition to post-quantum security

Public blockchains such as Bitcoin and Ethereum are vulnerable to a breakthrough in quantum computers that would crack their cryptographic protections. New protections will take time to put in place.

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EU bank reforms to spur growth would ease capital mobility, lower some capital thresholds

EU banks operating across borders would benefit from more flexible capital management, but capital charges for exposures including mortgages and software investments would fall, a credit negative.

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