19:59
2026-07-16
thenextweb.com
ai-infrastructure
Oracle is one notch above junk after S&P downgrade as AI data-centre spending burns through cash
S&P downgraded Oracle to BBB- on July 9, one notch above junk, as a $250 billion data-centre expansion plan burns through cash, with free cash flow turning deeply negative at nearly -$24 billion in th…