Oracle rises
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The cloud-services giant said it expects to raise the money through a combination of debt and equity.
The software giant wants to expand its cloud infrastructure, even as its stock trails and investor concerns deepen.
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
By Rashika Singh Feb 2 (Reuters) - Oracle shares gained 2% on Monday after Wall Street analysts said the software company's ...
Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
Oracle's new financing efforts come after Wall Street showed skepticism around its costly build-out of data centers and other ...
Oracle (NYSE:ORCL) announced on Friday that it expects to raise $45 billion to $50 billion in cash this year through a ...
Oracle's shares rose after announcing a $50 billion fundraising plan, soothing concerns over its ability to fund a ...
In yet another wave of layoffs, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the ...
As of Friday, Oracle shares had dropped more than 50% from last year's high, but were once again rising by Monday morning.
Still, Oracle is paying significantly higher coupons than its peers. The 10-year portion of the bond was expected to yield ...
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