Credit traders are buying protection against Oracle Corp. defaulting on its debt bloomberg.com 21 points by zerosizedweasle 3 days ago
brudgers a day ago The cost to insure against default on the company debt over the next five years is hovering near its highest since Oct. 2023So it is almost as high as it was just two years ago. But apparently, not quite.
interestpiqued 3 days 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
theandrewbailey 3 days ago Maybe in a few years, we'll marvel how the AI bubble took out the evil red database company. zeristor 3 days ago “Red 5 we’re going in”
https://archive.ph/e14aS
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.
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
Maybe in a few years, we'll marvel how the AI bubble took out the evil red database company.
“Red 5 we’re going in”