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Credit traders are buying protection against Oracle Corp. defaulting on its debt

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3 months agoby zerosizedweasle

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https://archive.ph/e14aS

3 months agoby zerosizedweasle

The 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.

3 months agoby brudgers

I’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

3 months agoby interestpiqued

Maybe in a few years, we'll marvel how the AI bubble took out the evil red database company.

3 months agoby theandrewbailey