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Credit traders are buying protection against Oracle Corp. defaulting on its debt
- zerosizedweasle 1y agohttps://archive.ph/e14aS https://archive.ph/e14aS
- theandrewbailey 1y agoMaybe in a few years, we'll marvel how the AI bubble took out the evil red database company.
- zeristor 1y ago“Red 5 we’re going in”
- interestpiqued 1y agoI’m not an expert in finance but doesn’t 290 billion in net debt sound like a lot? It’s more then a third of their market cap
- brudgers 1y agoThe cost to insure against default on the company debt over the next five years is hovering near its highest since Oct. 2023 So it is almost as high as it was just two years ago. But apparently, not quite.