Nov 01, 2026, 9:55 AM ETS&P 500 Index (SP500), SPX, DJI, NDX, SPY, DIA, QQQ, IVV, VOO, IWMMETA, CRWV, AVGO, NVDAMott Capital ManagementInvesting Group LeaderSummaryCredit default swap markets are signaling rising credit risk for major AI-driven companies, diverging from equity market sentiment.Meta, Broadcom, and Nvidia have seen CDS spreads widen significantly, indicating increased default probabilities despite resilient or rising stock prices.Rising credit spreads are compressing equity multiples, forcing companies to rely on faster earnings growth to sustain valuations.If earnings growth slows amid higher spending, current equity market complacency may be upended, especially for top S&P 500 holdings.Looking for more investing ideas like this one? Get them exclusively at Reading The Markets.