30 July 2026 at 11:24 am
Summary
An investigation by Nikkei Asia claims that five major US tech companies—Alphabet, Microsoft, Amazon, Meta, and Oracle—are reportedly concealing an estimated $1.65 trillion in debt off their balance sheets, drawing comparisons to the Enron scandal. This hidden debt, primarily driven by massive data center spending for AI, is raising investor scrutiny and concerns about financial transparency as these companies prepare to report Q2 earnings.
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