Rimu@piefed.social to Technology@lemmy.worldEnglish · 2 months agoS&P downgrades Oracle stock to BBB-www.heise.deexternal-linkmessage-square61linkfedilinkarrow-up1484arrow-down19file-textcross-posted to: technology@lemmy.world
arrow-up1475arrow-down1external-linkS&P downgrades Oracle stock to BBB-www.heise.deRimu@piefed.social to Technology@lemmy.worldEnglish · 2 months agomessage-square61linkfedilinkfile-textcross-posted to: technology@lemmy.world
minus-squaresobchak@programming.devlinkfedilinkEnglisharrow-up5arrow-down4·2 months 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-up13·2 months 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.