Oracle default fears explode as Credit Default Swap hits crisis-level highs amid AI bubble panic
Oracle’s default risk is rising fast. The tech giant’s 5-year Credit Default Swap has jumped to 128 basis points, the highest level since the 2008 financial crisis. Traders are now aggressively buying protection against a potential Oracle debt default. The surge comes as Wall Street grows uneasy about AI-driven debt expansion and fading confidence in