The software giant wants to expand its cloud infrastructure, even as its stock trails and investor concerns deepen.
Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
Company plans $50B raise for AI cloud as debt insurance costs surge to crisis levels and shares fall 36% to $164.58 from ...
Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build ...
Oracle’s plan to raise $50 billion had shares rising. Then a tweet about its confidence in OpenAI triggered a selloff that spoke volumes.
In yet another wave of layoffs, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the ...
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
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