Oracle’s Credit Risk Drops to One Month-Low After Strong Results

A key gauge of Oracle Corp.’s credit risk improved the most since Feb. 2 on Wednesday, after the database giant’s quarterly report helped ease investor fears about AI-related capital spending.

The cost of protecting the company’s debt against default for five years fell as much as 0.054 percentage point to a one-month low of 1.52 percentage points, according to ICE Data Services. Credit default swap prices usually falls as investor confidence in a firm’s credit quality improves.