BREAKING: 717 US large companies have gone bankrupt year-to-date, the most in 15 years. This is now higher than every full-year total since 2010. This also marks the 3rd consecutive annual increase and a +93% jump since 2022. In November alone, 62 large firms filed for bankruptcy, after 68 and 66 in October and September. US bankruptcies this year are now running +30% above the 2011-2024 annual average. Corporate bankruptcies are surging outside of the AI trade.(The Kobeissi Letter)