Rimu@piefed.social to

Technology@lemmy.worldEnglish · 13 days ago

S&P downgrades Oracle stock to BBB-

4

S&P downgrades Oracle stock to BBB-

Rimu@piefed.social to

Technology@lemmy.worldEnglish · 13 days 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.

Chat

Arghblarg@lemmy.ca
link
fedilink
English
arrow-up
1·
13 days ago
I haven’t watched “The Big Short” in a long time… but aren’t BBB- rated things “dogshit wrapped in catshit”?

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

3.55K users / day
8.6K users / week
10K users / month
10.1K users / 6 months
1 local subscriber
86.6K subscribers
795 Posts
10.5K Comments
Modlog