Top
Best
New

Posted by zerosizedweasle 1 day ago

Credit traders are buying protection against Oracle Corp. defaulting on its debt(www.bloomberg.com)
21 points | 5 comments
brudgers 40 minutes ago|
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.

interestpiqued 1 day ago||
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
zerosizedweasle 1 day ago||
https://archive.ph/e14aS
theandrewbailey 1 day ago|
Maybe in a few years, we'll marvel how the AI bubble took out the evil red database company.
zeristor 1 day ago|
“Red 5 we’re going in”