[BIG TECH]■ STORY TIMELINE
ORACLE CREDIT RISK SURGES TO 18-YEAR HIGH
Oracle's credit default protection costs hit multi-year highs Monday as investors question whether the company's massive AI investments will generate returns. The company's existing bonds also sold off sharply during the decline.
Bloomberg Tech+0m
The cost of protecting Oracle Corp.’s debt against default reached a fresh multi-year high on Monday while its existing…