S&P downgrades Oracle stock to BBB-
2026-07-13 21:51 UTC
Only one notch above junk level.
Replies (5)
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@fyzzlefry@retrolemmy.com 2026-07-14 01:27
I wonder who they’re going to sue to get out of this one.
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@skisnow@lemmy.ca 2026-07-14 02:24
Also wtf is with that website? “Data Tracking Consent required for free use”? I’m like 99% sure that’s a wilful and deliberate GDPR violation.
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@Arghblarg@lemmy.ca 2026-07-13 22:17
I haven’t watched “The Big Short” in a long time… but aren’t BBB- rated things “dogshit wrapped in catshit”?
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@Thebeardedsinglemalt@lemmy.world 2026-07-14 04:19
Are another 30,000 employees getting laid off?
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@foxylad@mastodon.nz 2026-07-13 22:55
@rimu@piefed.social Oracle is the thinnest patch of the #AI bubble's skin, and this is likely to be the pin that pops it. Tears before bedtime.