Rimu@piefed.social to Technology@lemmy.worldEnglish · 3 days agoS&P downgrades Oracle stock to BBB-www.heise.deexternal-linkmessage-square62linkfedilinkarrow-up1630arrow-down19file-text
arrow-up1621arrow-down1external-linkS&P downgrades Oracle stock to BBB-www.heise.deRimu@piefed.social to Technology@lemmy.worldEnglish · 3 days agomessage-square62linkfedilinkfile-text
minus-squaresobchak@programming.devlinkfedilinkEnglisharrow-up9arrow-down4·2 days agoAmazon 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.
minus-squarehypeerror@sh.itjust.workslinkfedilinkEnglisharrow-up21·2 days agoOracle is 50 years old. Most public tech companies aren’t even half that mature.
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.
Oracle is 50 years old. Most public tech companies aren’t even half that mature.