Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
The cloud-services giant said it expects to raise the money through a combination of debt and equity.
Nvidia’s OpenAI pivot puts Oracle’s accounting in the spotlight.
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, ...
Sam Altman, Jensen Huang, and Oracle push back on reports of tension over OpenAI's deal with Nvidia.
Oracle is raising more debt and Nvidia is walking back its OpenAI investment target. Both are signs that the AI trade could ...
Oracle (NYSE:ORCL) announced on Friday that it expects to raise $45 billion to $50 billion in cash this year through a ...
By Rashika Singh Feb 2 (Reuters) - Oracle shares gained 2% on Monday after Wall Street analysts said the software company's ...
The database and cloud software company assured investors that NVIDIA and OpenAI's supposedly lofty deal won't help or hurt ...
Feb 1 (Reuters) - Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud ...
As of Friday, Oracle shares had dropped more than 50% from last year's high, but were once again rising by Monday morning.