Oracle Five-Year CDS Widens to Record 288 Basis Points
Oracle's five-year credit-default swap spread widened to 288 basis points from 260 a week earlier, as concerns about financing AI equipment costs spread.
Concerns are growing across the AI boom about the cost of financing the equipment involved, with Oracle Corp. (ORCL, Financials), a major cloud and software company, beginning to reflect that anxiety. Oracle's five-year credit-default swap spread widened to 288 basis points on Thursday, up from 260 a week earlier. While the change is…