S&P downgrades Oracle to BBB- – only one notch above junk level
www.heise.de
S&P Global has downgraded Oracle's rating due to massive AI investments. The company is now only one notch away from the speculative territory.

Only one notch above junk level.

  • RavuAlHemio@lemmy.worldEnglish
    471·
    3 days ago

    I believe S&P should only give out two ratings: Standard and Poor.

    (On that note, I don’t know why people assume that the ratings of a company named Moody’s are primarily based on facts and not someone’s current emotional state.)