RSS Bot@lemmy.bestiver.seBM to Hacker News@lemmy.bestiver.seEnglish · 2 months ago

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

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

RSS Bot@lemmy.bestiver.seBM to Hacker News@lemmy.bestiver.seEnglish · 2 months ago

3

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.

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EffortlessGrace@piefed.social
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2 months ago
I contend that One Rich Asshole Called Larry Ellison is still over-valued.

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