Reported about 4 hours ago
Moody's Ratings has flagged potential risks associated with Oracle Corp's recently signed $300 billion in artificial intelligence contracts, cautioning against counterparty risk due to reliance on a few major clients. While Oracle expects significant revenue growth from these deals, analysts noted that the company's debt may increase faster than earnings before interest, taxes, depreciation, and amortization (EBITDA), raising concerns about high leverage and negative cash flow conditions.
Source: YAHOO