Rimu@piefed.social to

TechnologyEnglish · 1 month ago

S&P downgrades Oracle stock to BBB-

626

S&P downgrades Oracle stock to BBB-

Rimu@piefed.social to

TechnologyEnglish · 1 month ago

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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Pungent Llama
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1 month ago
Hope he goes insolvent and State of Hawaii then takes Lanai back through eminent domain.

And also sell off his media empire.
- hume_lemmy@lemmy.ca
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  1 month ago
  I hope the orcas finally catch their white ~~whale~~male.

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