Oracle's stock has plunged since hitting an all-time high in September as the company has become a poster child for growing ...
Goldman Sachs ($GS) partner John Flood says that if the AI trend continues to shape the stock market, then investors may need ...
The Fortress Investment Group-backed company building a high-speed passenger rail line between Southern California and Las Vegas reached an agreement with holders of more than half of its $2.5 billion ...
The cost of protecting Bath & Body Works Inc.’s debt against default jumped to a seven-month high on Thursday, after the ...
"And if it's more expensive for businesses to borrow they are going to make less money." After $75 billion of U.S. investment grade debt issued by AI-focused Big Tech hit the market in September and ...
Oracle Corp., the once stodgy database giant that’s borrowed tens of billions and tethered its fortunes to the artificial intelligence boom, is quickly emerging as the credit market’s barometer for AI ...
A big tech borrowing bonanza and signs of strain in private credit are spooking bond market lenders to the world's top-rated ...
The company, founded by Larry Ellison in 1977, has today become a big AI player after its involvement in spearheading the U.S ...
Larry Summers, a former Treasury secretary, is stepping back from public commitments. It’s the latest fallout for an ...
Boaz Weinstein's Saba Capital Management has sold credit derivatives in recent months to lenders seeking protection on big ...
Credit default swaps on major AI companies are soaring. Oracle and other tech giants are borrowing billions to expand AI data ...