Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

heise.de

Post reply on HN
Print view View original

241–250 of 378 posts

Re: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

#241

Post by pseudosavant »

hobonation wrote: post #4

Is it me or do none of the AI companies have a "moat" in the Ben Grahmm sense. I use their services, but I frankly don't care who provides it. I'll chase the chepest/best and have no issue switching from one to another. The only moat I can see is Microsoft providing its services to companies in its Azure system. Nervous IT departments probably like that it's not leaving their control if Bob in the SAP team spins up s…

I've found that there is value in consuming AI services from your existing cloud provider. Customers and auditors have less of an issue with "we use AI services from AWS/Azure/GCP" if the data was already in those clouds and it doesn't expand the risks of data being breached, or trained on, by some other provider.

When you are already trusting 100% of your data, and computing on that data, to someone like AWS, it doesn't meaningfully increase risk to use an additional service, even if it is an AI service.

Re: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

#242

Post by jghn »

fhdkweig wrote: post #212
pid-1 wrote: post #171

Earlier quoted context omitted.

Hold short term debt (e.g money market funds or SOFR ETFs). Then you will have cash in hand if either stocks fall or yelds raise. Never buy derivatives as a non institutional investor.

I moved 80% of my money out of Vanguard's Target Date Retirement funds and into a money market on June 1st. In the 1.5 months since, the remaining Target Date Retirement fund has fluctuated up and down by about 0.1%. It has basically plateaued. I don't think I am losing out on potential short term gains. I like the idea that I have cash available to buy in on the day of the crash.

what if you buy on the day of the crash only to discover that was day one of a year long crash?

Re: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

#243

Post by wil421 »

AlexandrB wrote: post #67
therobots927 wrote: post #32

Earlier quoted context omitted.

Well it seems like he bought the “AGI is 2 years away” line. As did… pretty much everyone in Silicon Valley.

The ability of Silicon Valley to hype itself up into a frenzy is unparalleled. Apparently nothing was learned from "blockchain for everything" and "we're going to live in the metaverse".

Don’t forget Big Data!

Re: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

#244

Post by tialaramex »

platevoltage wrote: post #121
lelanthran wrote: post #100

Earlier quoted context omitted.

> They'll give a bribe to Trump, they'll offer up 5% of the stock to Chairman Trump as the People's Stock now that the US is basically a bizarre oligarchy form of communism, and Oracle will be declared a state enterprise that cannot lose money. A little bit dangerous for a US administration (any US administration) to do a bailout of unloved companies just before a midterm. Not that Trump won't do it, just saying that…

The Republican strategy has moved away from swaying public opinion for a while now. Now their strategy is to manipulate voting maps, intimidate voters and suppress votes in areas likely to vote against them. The Iran war is unpopular, but they did it anyway.

It doesn't matter anyway. The US is done. The empire's peak was towards the end of last century. That's one reason the nostalgia play works so well. A Trump supporter in 2026 can see that their past looks better than their future, they're just wrong to imagine that they can do anything about that.

I think it's interesting to analyse Xi, who unlike Trump is aware that the US is failing and that most likely China will dominate a future global economy, but who must by now be wondering what an inevitable decline looks like for China. Can he postpone it somehow? Are its seeds ultimately in something he will do, or worse has already done? That's not a happy thought is it?

Re: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

#245

Post by ndsipa_pomu »

notatoad wrote: post #229
lelanthran wrote: post #88

Earlier quoted context omitted.

> Market signals on an impending AI bust are broader than just Oracle’s woes. It's worse than that - I believe that Oracle is one of the (many) companies right now that, if their AI experimentation fails, will stop the music, and everyone will be running for a chair. Oracle is one of a few foundational components in the circular-investing group of AI companies. If they fail to make their commitments they're the first…

My understanding of the ai circular financing racket is that not everyone will be running for a chair. Nvidia owns all the chairs, and they’re letting other companies pretend to for a while, but if it all falls apart the backstop to the collapse will be nvidia.

Doesn't Nvidia's success depend hugely on AI money pumping up demand for their products? If/when AI companies run out of money to keep investing in data centres, the bottom will fall out of the market and hopefully we can go back to buying reasonably priced graphics cards.

Re: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

#246

Post by chasd00 »

fhdkweig wrote: post #212
pid-1 wrote: post #171

Earlier quoted context omitted.

Hold short term debt (e.g money market funds or SOFR ETFs). Then you will have cash in hand if either stocks fall or yelds raise. Never buy derivatives as a non institutional investor.

I moved 80% of my money out of Vanguard's Target Date Retirement funds and into a money market on June 1st. In the 1.5 months since, the remaining Target Date Retirement fund has fluctuated up and down by about 0.1%. It has basically plateaued. I don't think I am losing out on potential short term gains. I like the idea that I have cash available to buy in on the day of the crash.

> I moved 80% of my money out of Vanguard's Target Date Retirement funds

which target date fund exactly? You can increase risk/reward buy choosing a target date fund far in the future or you can reduce risk/reward by choosing a target date fund closer to the present. The point of those funds is to gradually reduce your risk as you get closer to your planned retirement date. I moved my 401k into a target date fund about +10 years from my planned retirement (I'm 50). So a little bit on the risk++ side but not much.

Re: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

#248

Post by linsomniac »

someuser54541 wrote: post #117
lelanthran wrote: post #88

Earlier quoted context omitted.

> Market signals on an impending AI bust are broader than just Oracle’s woes. It's worse than that - I believe that Oracle is one of the (many) companies right now that, if their AI experimentation fails, will stop the music, and everyone will be running for a chair. Oracle is one of a few foundational components in the circular-investing group of AI companies. If they fail to make their commitments they're the first…

What's the best way to hedge against this, considering many of us have significant savings in the market? A few puts on SPY dated a year or two out?

Reminder: Serious people have been predicting a market crash "within the next 3 months" for 3 years now. In that time, the "market" has gone up around 70% (66%-86% depending on the what part you are looking at).

A friend of mine and I go out to lunch every 3 months and talk about, among other things, investing. We've made a trope of it, calling out the people who are predicting an imminent market crash every time we have lunch.

I'm not saying that it doesn't look like it's going to crash, but I'll also say that there's also a very sizeable downside potential for getting out of the market.

Re: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

#249

Post by pedrosuave »

Is just wild to me people thinking ai is tulip fever or a massive bubble when every part of my life ai is entering. Even these forums 35 percent of posts are ai or vibe code related. At work (medical field) ai is replacing scribes and it can read an ecg better than your average doc. TSMC and chip companies are using in their pipelines. Pharm and bio companies are using. Archeologists are using to decode scrolls and find new petroglyphs. Education and tutoring will never be the same ... kids got lucky having YouTube but now you basically have your private tutor. Vfx is being infiltrated. Computer security. I look around and robots are delivering my food and waymo is picking me up. I turn on the news and in the last couple months Ukraine is now using ai targeting on their drones in addition to the machine vision. My apartment complex recently had a renovations and paint job and my landlord showed me how they designed the color scheme and renovations with chat gpt before getting a crew to do the work. I made an app for my family photography contest for the first time something I never dreamed of at 40 years old with no programming knowledge. I updated my framer website faster than I ever have with Ai.

So please explain to me how this is a bubble especially considering that most of these feature are based on llm and not even on how we primarily interact with the world ...visually. the bubble will happen after I can turn on a webcam and the program watches me draw or do a golf swing and gives me realtime tips or i put on some ar glasses and it coaches me at work .

The amount of compute needed for graphics real time info is astronomical compared to llm . We are so far from the top of a bubble. The problem with ai in my opinion invest with the mindset that what goes up must come down and if it went up big it must come down hard soon. That's not a rule of nature or anything somethings are bedrock and keep going up. I'm sure when electricity was invented and reached every house maybe some people thought the bubble was over but we keep needing more and more. There is zero evidence now that we will need less ai compute.

I think it's logical to be skeptical of chatgpt IPO etc but the sector as a whole is crushing and maybe because of fear will have some hiccups but will certainly prevail for a long time imo

Re: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-

#250

Post by therobots927 »

wil421 wrote: post #243
AlexandrB wrote: post #67

Earlier quoted context omitted.

The ability of Silicon Valley to hype itself up into a frenzy is unparalleled. Apparently nothing was learned from "blockchain for everything" and "we're going to live in the metaverse".

Don’t forget Big Data!

Big data was the progenitor of this mess
Post reply on HN