this post was submitted on 13 Jul 2026
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254
S&P downgrades Oracle stock to BBB- (www.heise.de)
submitted 5 hours ago by rimu@piefed.social to c/technology@lemmy.world
14 comments fedilink hide all child comments
 

Only one notch above junk level.

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[โ€“] fyzzlefry@retrolemmy.com 8 points 2 hours ago (1 children)

I wonder who they're going to sue to get out of this one.

[โ€“] zikzak025@lemmy.world 2 points 37 minutes ago

No one, they'll just have the government bail them out. They'll call their collapse a national security risk, threaten to sell their share of US Tiktok back to Bytedance, claim that they won't be able to protect the sensitive medical data of millions of Americans, etc. Whatever it takes to convince Trump that they're too big to fail.