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Debt financing in AI is a signal that bull market in tech is ‘getting weaker,’ Morgan Stanley CIO says
Fortune·2025-10-24 21:22

Meta’s $30 billion debt-financed deal for a gigantic AI data center in Louisiana is an example of how “the landscape has suddenly gotten a lot, lot, lot more complicated” for tech stocks going forward, Morgan Stanley Chief Investment Officer, Wealth Management, Lisa Shalett told Fortune.The Meta agreement is the largest private debt deal ever, according to The Wall Street Journal. Eighty percent of the Hyperion data center in Richland Parish, Louisiana, will be owned by Blue Owl Capital, with Meta retaining ...