Concerns about AI-related debt have eased after a period of volatility. Credit markets are closely watching Oracle's investor day on Wednesday, as well as quarterly earnings reports from Alphabet and Amazon, released after market close on Wednesday and Thursday, respectively. Meta Platforms' announcement of a $95 billion stock offering on Monday helped tighten its credit default swap (CDS) spreads, alleviating market fears of an AI debt deluge. Analysts expect Google and Amazon to continue reporting negative free cash flow in the third quarter and to announce high capital expenditures, with the market focusing on the trajectory of their capital expenditure guidance.