Oracle’s largest data center partner, Blue Owl Capital, will not provide funding for a $10 billion deal to build its next facility, a source said, amid growing concerns about the cloud computing company’s rising debt and artificial intelligence spending https://reut.rs/4s1JkJL
https://x.com/ReutersBiz/status/2001379369802190967?s=20&utm_source=substack&utm_medium=email
Oracle’s $ORCL credit default swaps hit 153
America’s 2nd richest man faces potential default without a taxpayer backed government bailout.
BREAKING: Oracle $ORCL credit default swaps skyrocket to levels not seen since the 2008 crisis as free cash flow collapses
Markets are betting 🇺🇸 2nd richest man Larry Ellison, needs a taxpayer bailout. x.com/FinanceLancelo…
https://x.com/FinanceLancelot/status/2001468398610584012?s=20
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No taxpayer bailouts for AI companies, let the market reward or penalize them.