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US Corporate Bankruptcies Hit 15-Year High; Apple Leadership Speculation Rises
12/07/2025, 17:06
AI SUMMARY
●US large corporate bankruptcies hit highest level since 2010.
●Apple faces departure of key executives including AI and chip chiefs.
●Prediction markets price in rising probability of CEO change.
The Kobeissi Letter reports that 717 large U.S. companies have filed for bankruptcy year-to-date, the highest number in 15 years and a 93% increase since 2022. This trend highlights growing stress in the corporate sector despite broader market performance.
Separately, prediction markets on Kalshi are pricing in a growing probability of Apple CEO Tim Cook departing by 2027. This speculation follows the recent exits of several key executives, including the heads of AI, chips, and policy.