Oracle is trading 5.6% down now at ARS 69,275.00 after S&P Global cut its long-term credit rating to BBB-, just one notch above junk status.
- The downgrade follows concerns regarding aggressive AI infrastructure spending and rising leverage driven by planned debt financing.
- Investors are reassessing the company's heavy capital expenditures and the potential for larger projected cash flow deficits.
- The stock is facing significant selling pressure despite broader U.S. equity indexes trading slightly higher today.