Oracle, plans to raise
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The cloud-services giant said it expects to raise the money through a combination of debt and equity.
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
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.
Oracle (NYSE:ORCL) announced on Friday that it expects to raise $45 billion to $50 billion in cash this year through a ...
In yet another wave of layoffs, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the ...
Oracle's shares rose after announcing a $50 billion fundraising plan, soothing concerns over its ability to fund a ...
By Rashika Singh Feb 2 (Reuters) - Oracle shares gained 2% on Monday after Wall Street analysts said the software company's ...
Oracle Corporation’s $50B capital raise funds AI data centers as revenue/EPS surge forecasts show ORCL undervalued despite debt. Click for this ORCL update.
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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