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Oracle is one notch above junk after S&P downgrade as AI data-centre spending burns through cash
S&P cut Oracle to BBB-, one notch above junk, as $250 billion in AI data-centre spending burns cash and bond investors price the debt closer to junk levels.
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heise.de
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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thenextweb.com
Oracle is one notch above junk after S&P downgrade as AI data-centre spending burns through cash
S&P cut Oracle to BBB-, one notch above junk, as $250 billion in AI data-centre spending burns cash and bond investors price the debt closer to junk levels.
