The downgrade reflects rising business risk and weaker cash flow driven by a massive, capital-intensive AI infrastructure buildout and high customer concentration (e.g., OpenAI). The rating outlook remains stable.
https://www.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3592348
@b6 you and everybody else made the same prediction. Don't pat yourself on the back for pointing out the obvious.
Rise in stock in new OpenAI models... short lived.
ORCL has enormous shorts placed since July 1st.
Lets see what happens.
I predicted AI will be the fall of Oracle months ago. Once they rack up all those bad debt, Oracle will be become a penny stock. Karma!
Mr. Burns:
Exxxcellent!
SELL