Port Washington

S&P downgraded Oracle's credit rating from BBB to BBB-, citing OpenAI as a key credit risk within Oracle's $638 billion backlog and projecting a $42 billion free cash flow deficit for fiscal 2027. Mea…

Oracle said in a sworn affidavit that Wisconsin's Public Service Commission rules would force it to post a $7 billion letter of credit for a nearly one-gigawatt AI data centre in Port Washington, cost…