Oracle Shares Dip 2.2% as 2055 Bond Yields Diverge Ahead of Results
Oracle shares slid about 2.2% to $158.19 Thursday ahead of scheduled after-hours results, shifting attention to how much debt the AI boom can absorb. Bond pricing also showed an unusual pattern: a newer $3.5 billion 2055 issue yielded 7.86% on Aug. 21 versus 7.67% for an older $1 billion bond with similar seniority and redemption terms, with a wider option-adjusted spread.