Reposted by Penelope Wang
"Oracle...has nearly doubled its long-term debt to more than $160 billion over the past two years, as the company refashions itself as a provider of computing power for artificial intelligence work. It now ranks as the fifth-largest borrower in the US corporate bond market..."
bloomberg.com
Larry Ellison Risk Exposed by Paramount and Oracle Debt Binges
As Paramount Skydance Corp. and Oracle Corp. vault into the ranks of corporate America’s biggest borrowers, their links to the same man — billionaire Larry Ellison — are starting to stir angst on Wall...