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Technology@lemmy.worldEnglish · 5 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 · 5 hours 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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Arghblarg@lemmy.ca
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4 hours ago
I haven’t watched “The Big Short” in a long time… but aren’t BBB- rated things “dogshit wrapped in catshit”?

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