this post was submitted on 13 Jul 2026
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S&P downgrades Oracle stock to BBB- (www.heise.de)
submitted 1 day ago by rimu@piefed.social to c/technology@lemmy.world
62 comments fedilink hide all child comments
 

Only one notch above junk level.

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[โ€“] sobchak@programming.dev 5 points 23 hours ago (1 children)

Amazon was junk level for a long time. I don't think it's uncommon for early, "grow fast at all costs" companies to have poor credit ratings. Though, Oracle really isn't an early stage company.

[โ€“] hypeerror@sh.itjust.works 19 points 22 hours ago

Oracle is 50 years old. Most public tech companies aren't even half that mature.