# Novogratz: Credit Market at Peak Nervousness

> Novogratz says credit markets are easing after AI spending anxiety peaks.
- Title: Novogratz: Credit Market at Peak Nervousness · mint | Shortify
- Summary: Novogratz says credit markets are easing after AI spending anxiety peaks. Galaxy Digital CEO Michael Novogratz says global credit markets are reaching peak…
- Keywords: galaxy digital, michael novogratz, ai spending, credit markets, coreweave, meta platforms, anthropic, news, india, Novogratz, Credit, Market
- Source: mint — https://livemint.com/market/novogratz-says-credit-market-is-reaching-peak-nervousness-11793132883749.html
- Published: 2026-10-27T20:28:03+00:00
- Read time: 1 min
- Topics: galaxy digital, michael novogratz, ai spending, credit markets, coreweave, meta platforms, anthropic, news, india
## Novogratz on credit market
Galaxy Digital CEO Michael Novogratz says credit markets are reaching peak nervousness over AI spending.

> We have indigestion in the credit market
## Credit market anxiety
Novogratz says anxiety in global credit markets over AI spending is on the verge of easing.

> It is probably close to peak nervousness
## CoreWeave bond surge
CoreWeave Inc. junk bond yields surged signaling distress after co-founder explored borrowing in investment-grade debt markets.
## Galaxy financials
Galaxy reported $323 million net income and $8.06 billion revenue for Q3, down 36% from year-ago period.
## Meta and Anthropic
Meta seeks $98 billion for AI spending while Anthropic prepares IPO as signs of relief for credit markets.
## Iran war impact
Potential end to Iran war may stabilize credit markets by reducing Fed pressure on interest rates.
## Galaxy data centers
Galaxy data centers generated $79 million adjusted gross profit and $69 million adjusted EBITDA in Q3.
## Key takeaway

Galaxy Digital CEO Michael Novogratz says global credit markets are reaching peak nervousness over AI spending but easing as companies raise equity.