Oracle Corporation

Risk rising sharply

• MLMichael LebowitzRisk rising sharply Oracle's heavy debt and junk-level spreads put it on a timeline with real default risk. “CDS markets are pricing in a somewhat decent chance of default for Oracle. So Oracle is kind of on a timeline.” ▶ 19:48 Market Starting To Crack Under High Bond Yields?… · 26 Sept

Risk rising

• SBSteven BavariaRisk rising Bavaria notes Oracle's debt is now rated as junk, illustrating that even mega-cap debt carries credit risk. “even some mega-cap, Oracle's debt, is pretty much rated as junk debt now” ▶ 53:26 Is It Becoming A Great Time For Income Investors… · 27 Sept
• JSJeff SniderRisk rising Oracle's data center force majeure leaves syndicating banks stuck with unsellable debt, which will make other banks think twice about financing AI data centers. “oracle i think everybody's been talking about oracle the force majeure their data center in new mexico called jupiter” ▶ 31:59 Rare Recession Indicator Is ‘Screaming’—No One’s… · 26 Sept
• DCDCPRisk rising DCP flags Oracle's bonds trading upside down and its force majeure as signs of stress that could take down others. “Oracle's bonds are upside down by at least 10 bips now, right? And they just did a force majeure.” ▶ 23:42 The Bond Market Pain Isn't Over | Weekly Roundup · 25 Sept

Risk easing

• WPWarren PiesRisk easing Pies thinks the market is too nervous about Oracle's Jupiter force majeure declaration, implying the risk is overblown. “Too much nervousness around Oracle's Jupiter force majeure declaration.” Open the post Too much nervousness around Oracle's Jupiter for… · 24 Sept