Oracle is rattling credit markets. The company’s default risk has surged as its credit-default swaps (CDS) — the cost of insuring its debt — spiked to their highest level in two years. Traders say the ...
Investing.com -- Shares in Oracle Corporation (NYSE:ORCL) are down as much as 37% from the record high set in September as investors turned wary of its debt-financed jump into artificial-intelligence ...
Oracle’s credit default swaps hit a three-year high in November, surging toward the 2008 record as borrowing costs to insure against company default spike. The tech giant borrowed more than $56 ...