Stock Movers Oracle Slips, Alphabet Leads Tech Rally, Centene Jumps
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Nov 24, 2025 Christine Aquino, a Bloomberg reporter known for her insights into market dynamics, dives into significant developments in the tech and health sectors. She highlights the rising credit-default swaps for Oracle, raising concerns about its AI spending amidst a weak credit rating. Aquarius also discusses Alphabet's surge driven by optimism around its Gemini AI model, potentially reshaping online search and advertising. Additionally, Centene's stock benefits from the anticipated extension of Obamacare subsidies, showcasing a positive shift in health insurance markets.
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Oracle's Credit Risk Signals AI Market Anxiety
- Oracle's credit-default swaps rose to the highest in over three years, signaling persistent market concern about its debt risk.
- Christine Aquino says this makes Oracle a market barometer for AI-related credit risk given its weaker rating versus peers.
Ellison's Wealth Swung By Oracle Slide
- Christine Aquino notes Larry Ellison lost about $130 billion after Oracle's recent slide, ending his brief run as the world's richest person in September.
- The anecdote underscores how volatile equity swings can reshape personal fortunes quickly.
High Leverage Makes Oracle Stand Out
- Paul Sweeney highlights Oracle's trailing net debt to EBITDA near four times, which is high for tech.
- He contrasts that leverage with the rest of tech that is borrowing more conservatively relative to earnings.