The cost of protecting Oracle’s debt from defaults hit a new multi-year high on Monday as investors scrutinized the mountain of debt used to finance investments in artificial intelligence. The price of five-year credit default swaps on the company’s debt, rising as worries mount, rose to about 1.19 percentage points annually early Monday, according to ICE Data Services. This is the highest since October 2022 and amounts to approximately $119,000 per $10 million of protected capital. Robert Schiffman, Senior Technology Credit Analyst at Bloomberg Intelligence, discusses with Bloomberg Businessweek Daily. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)
Hantz Financial Services Inc. Has $45.91 Million Position in Oracle Co. (NYSE:ORCL) MarketBeat Article Source https://www.marketbeat.com/instant-alerts/hantz-financial-services-inc-has-4591-million-position-in-oracle-co-nyseorcl-2025-01-29/ Facebook Twitter Pinterest LinkedIn Digg…