Technology@lemmy.worldEnglish · 17 days ago

S&P downgrades Oracle stock to BBB-

www.heise.de

cross-posted to:
fuck_ai@lemmy.world

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S&P downgrades Oracle stock to BBB-

www.heise.de

Rimu@piefed.social to

Technology@lemmy.worldEnglish · 17 days ago

cross-posted to:
fuck_ai@lemmy.world

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

www.heise.de

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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16 days ago
they are hiring more, so they can reach their layoff targets

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