Oracle's AI Ambitions Face Reality Check Oracle Corporation, once a stalwart of enterprise software, has seen its shares decline by 41% year to date after gaining 27% until June 1st.
The company's struggles have caught the attention of Jim Cramer, who isn't mincing words about Oracle's prospects. Cramer argues that Oracle's debt levels are a major concern for investors.
With five year credit default swaps on its debt rising to an 18 year high as of July 21st, according to Bloomberg, market sentiment has soured on the company.