S&P downgrades Oracle to BBB – only one notch above junk level

https://www.heise.de/en/news/S-P-downgrades-Oracle-to-BBB-only-one-notch-above-junk-level-11363472.html

Comments

42 points · 3 comments · view on lemmy.world

3 Comments

bitwise@lemmy.ca · 7 pts · 31d

I always hoped I'd see his parasitic empire collapse, but I didn't think it could actually happen. It's not guaranteed, yet, but it's not looking good for ol' Larry Lawyer-up.

EffortlessGrace@piefed.social · 6 pts · 31d

I contend that One Rich Asshole Called Larry Ellison is still over-valued.

LuxSpark@lemmy.cafe · 3 pts · 31d

Oracle and IBM going down the drain? Shocking.