News for hackers. Stuff that matters.
Re:Oracle files to sell $20B in new stock, bonds to finance ... by lotsofpulp on Monday November 02, 2026 @05:19PM (#50344745)
The technology would not collapse, only the equity owners' purchasing power would collapse. Ellison owns 40%, so the rest of society only loses 60% * $360B = $260B, which is not much in the grand scheme of things.
Re:Oracle files to sell $20B in new stock, bonds to finance ... by lkbm on Monday November 02, 2026 @06:11PM (#50345462)
And "the rest of society" are those buying BBB/BBB- bonds. This is a risk taken in exchange for higher interest rates.

That'll include some big retirement/investment funds, but it's not big funds blindly buying without considering the risk.