Published:
Oracle’s
earnings report last week didn’t do much to soothe concerns about how the company will fund its artificial-intelligence investments. In fact, investor sentiment has taken a turn for the worse.
The company’s standing in the equity and credit markets has taken a hit. Shares of Oracle ORCL have dropped 15% since Wednesday’s close, including a 4% drop in Monday trading. All the while, Oracle’s five-year credit-default swaps (CDS) —a key indicator of credit risk — have been surging.
