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Oracle Suffers Downgrade by S&P, Credit Rating Now Just One Step Away from 'Junk' Level
14 hour ago /
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Author：小编
On Thursday, Eastern Standard Time, S&P Global downgraded Oracle's long-term issuer credit rating from 'BBB' to 'BBB-', just one step away from speculative grade. S&P stated that Oracle's large-scale transition to AI infrastructure has increased structural risks, with projected capital expenditures reaching $90 billion to $95 billion by fiscal year 2027 and a potential free operating cash flow deficit of $42 billion.
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