Oracle's CDS Surge: A Different Story Than Stock Performance

Oracles soaring credit default swap costs hint at investor concerns - Despite Oracles stock price surge, the cost of insurance policies against debt default has skyrocketed, reaching near-record highs. This suggests that some investors are more worried about Oracles financial health than its stock market performance indicates. Oracles CDS now trade around one hundred and twenty-six basis points, significantly higher than other tech companies, indicating a perceived higher risk.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.