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This is such fake news. Oracle was paid $300 billion by Open Ai to develop server infrastructure, not that it's betting $300 billion on Open AI. The headline g

This is such fake news. Oracle was paid $300 billion by Open Ai to develop server infrastructure, not that it's betting $300 billion on Open AI. The headline gets it 180 degrees backwards. That is why Oracle stock surged so much a few months ago. Oracle stock is still up 15% this year.

robocat 11mo ago
Debt markets are indicating that the OpenAI contracts are high risk. Debt markets analyse the risks carefully and mostly ignore fake news. Oracle is borrowing and betting billions, and the markets are saying that their bets are risky. https://www.msn.com/en-us/money/topstocks/oracle-stock-slumps-why-its-cds-are-spooking-investors/ar-AA1SeNqE https://www.msn.com/en-us/money/topstocks/oracle-stock-slump...
- tim333 11mo ago
  1.44% to insure the bonds for five years looks quite modestly risky. You read Ed Zitron or many skeptics here and you get the impression that it's all definitely going to crash within five years, not a 1.44% chance.
Lapsa 11mo ago
and it's up infinite% since the inception!