"Burning money" frenzy shows its price: Oracle (ORCL.US) CDS spikes to a historical high, bonds are just one step away from junk status!

Wisdom Financial App learned that on Friday, Oracle's (ORCL.US) credit risk index reached a historic high. The market has growing concerns about the company's aggressive cash consumption and the future profitability of its investments in artificial intelligence, especially following the emergence of a new Chinese model that may rival OpenAI and other products.