Rimu@piefed.social to

Technology@lemmy.worldEnglish · 4 hours ago

S&P downgrades Oracle stock to BBB-

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S&P downgrades Oracle stock to BBB-

Rimu@piefed.social to

Technology@lemmy.worldEnglish · 4 hours ago

8

S&P downgrades Oracle to BBB- – only one notch above junk level

S&P Global has downgraded Oracle's rating due to massive AI investments. The company is now only one notch away from the speculative territory.

Only one notch above junk level.

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FoxyLad :tinoflag:@mastodon.nz
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2 hours ago
@rimu Oracle is the thinnest patch of the #AI bubble’s skin, and this is likely to be the pin that pops it.

Tears before bedtime.
- extremeboredom@lemmy.world
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  How would we know?

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