A default can result in credit rating downgrades, making it more expensive for the U.S. government to borrow in the future.

Source: https://www.chiangraitimes.com/news/what-happens-if-the-us-defaults/

Among blue-chip listed companies, declined by 2.4 per cent to 257.6p, and B&M European Value Retail shares dropped 3.1 per cent to 549.6p following downgrades by JP Morgan.

Source: https://www.dailymail.co.uk/money/markets/article-12481475/BUSINESS-LIVE-Ashtead-record-quarter-DS-Smith-starts-year-strongly-Begbies-Traynor-makes-acquisition.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

But IT could face earnings downgrades as the year progresses.

Source: https://www.thehindubusinessline.com/portfolio/big-story/nifty-19000-where-to-from-here/article67158049.ece

Even if a default is avoided, there is a risk that America’s ability to borrow cheaply – a key strength of the US economy – will be diminished if Moody’s or another credit ratings firm downgrades the country’s credit rating.

Source: https://krdo.com/money/cnn-business-consumer/2023/05/24/why-moodys-is-confident-america-wont-suffer-its-first-ever-default/

In both downgrades, the analysts cited thinning margins as the key rationale behind their respective rating changes.

Source: https://investorplace.com/market360/2023/04/this-one-trend-could-cost-tsla-stock-its-premium-valuation/

LONDON (Reuters) – Israel’s economy may face ratings downgrades, falling foreign investment and a weaker tech sector if turmoil arising from the government’s contentious judicial reforms continues, investors and analysts warn.

Source: https://www.shorenewsnetwork.com/2023/07/30/analysis-israels-judicial-reform-turmoil/

Moreover, in the current month, Moody’s Investors Service cut the ratings of 10 small-to-mid-sized institutions and placed six bigger lenders under review for potential downgrades.

Source: https://247wallst.com/investing/2023/08/28/5-broker-favored-stocks-to-watch-as-market-volatility-returns/

On the credit rating front, a pair of office REITs received credit rating downgrades this week.

Source: https://seekingalpha.com/article/4655622-pivot-pending?source=feed_all_articles

These are the top analyst upgrades, downgrades and initiations seen on Monday, February 27, 2023.

Source: https://247wallst.com/investing/2023/02/27/mondays-top-analysts-upgrades-and-downgrades-block-carmax-deere-esperion-therapeutics-marvell-technology-mgm-resorts-international-moderna-newmont-vipshop/

These are the top analyst upgrades, downgrades and initiations seen on Thursday, February 16, 2023.

Source: https://247wallst.com/investing/2023/02/16/thursdays-top-analyst-upgrades-and-downgrades-airbnb-bath-bodyworks-chewy-coca-cola-draftkings-globalfoundries-marriott-mobileye-global-sofi-southwest-airlines-tesla-upstart-us-bancor/

These are the top Wall Street analyst upgrades, downgrades and initiations seen on Friday, August 25, 2023.

Source: https://247wallst.com/investing/2023/08/25/fridays-top-upgrades-and-downgrades-amazon-amc-entertainment-analog-devices-discover-financial-services-estee-lauder-foot-locker-international-flavors-netapp-nvidia-peloton-xcel-energy/

The tech bigwigs are expected to receive an additional boost during the Q3 earnings period, with profit upgrades notably outnumbering downgrades.

Source: https://247wallst.com/investing/2023/10/02/magnificent-seven-trading-at-the-largest-discount-in-nearly-7-years-report/