Oracle default fears surge as credit swaps spike – is AI taking its toll? (economictimes.indiatimes.com)

Why are you submitting so much the last few days? Take it easy. Do we really need that many stories on the credit crisis etc?

It might be worse than just the AI investments. Oracle's client base are predominantly enterprises. When enterprises are cutting staff and expenses, they also look at reducing their licensing spends. Oracle has been very predatory with both Java and database licenses fees. I suspect that revenue from those areas is also likely to shrink.

Given Orcl stock is still pretty high and interest rates are also high it would have made more sense to fund the AI spree with stock…

God I hope the AI bubble bursting takes out a chunk of Ellison's wealth!