RT @TequestaChief: Two things on the $ORCL Credit Default Swaps: 1. People buying these swaps/insurance are hedging against a scenario in which both OpenAI AND artificial intelligence fails …. OpenAI wouldn’t be able to pay the $300Bn Stargate commitments, but Oracle also would not be able to resell this compute to other customers as there wouldn’t be any demand (i.e., AI is no longer needed or working as intended) 2. I don’t think anyone is buying the swaps because $ORCL has “too much debt” or is “too highly levered” ….. And if they are, then they might not know how to read financials. The Q1 2027 income statement showed $1.58 EPS, which factors in $1.4bn of quarterly interest expense… this interest is fully burdened for the $43Bn of new debt they have raised thus far for the AI build
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