ORCL · News · 20260803N
Credit Rating Downgrade
ORACLE CORP · 2026-08-03 · Importance 47 · Surprise 60
Oracle’s debt-funded AI infrastructure expansion has prompted S&P Global Ratings to downgrade the company to BBB-, leaving it near junk-grade status. The cost of insuring Oracle’s debt against default reportedly reached a record high as investors assessed leverage and repayment capacity. Analysts warned that further downgrades could occur if leverage remains elevated despite Oracle’s large remaining performance obligations. Oracle’s future data-center lease commitments are part of a reported $1.09 trillion aggregate burden across five major technology companies.
Key facts
- Analyst Julien Garran estimated Larry Ellison lost $207 billion as Oracle's stock plummeted over 55% since September 2025. source