The price target reduction follows Oracle’s debt financing deal that was priced on February 2, raising a total of $30 billion through two debt instruments. This new financing adds to Oracle’s existing ...

A representative for Oracle did not immediately respond to Bloomberg’s request for comment regarding the offering’s strong demand. The significant oversubscription demonstrates substantial investor ...

Feb 1 (Reuters) - Oracle (ORCL.N), opens new tab expects to raise $45 billion to $50 billion in 2026 to build additional ‌capacity for its cloud infrastructure, the software company said on Sunday.

TikTok has closed a $14 billion deal establishing a U.S. subsidiary of the platform to avoid a ban, the company said Thursday. The new owners will include the U.S. private equity firm Silver Lake, Abu ...

ByteDance's TikTok has finalized a joint venture (JV) for its continued operations in the US, after lengthy turmoil. In a statement shared by the company today, January 23, TikTok revealed the ...

Oracle has been sued by bondholders who claim the company concealed how much debt it would need to sell to support the AI buildout for Oracle's $300 billion OpenAI deal. The bond offering followed ...

WASHINGTON/HONG KONG, Dec 19 (Reuters) - TikTok's Chinese owner, ByteDance, on Thursday signed binding agreements to hand control of the short video app's U.S. operations to a group of investors, ...

What To Know: The Financial Times reported on Wednesday that Blue Owl Capital (NYSE:OWL) , Oracle’s biggest data center partner, has decided not to support a $10 billion deal for its next planned data ...

A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history.

Oracle (ORCL) stock fell nearly 11% Thursday after the tech firm's quarterly AI costs rose ahead of Wall Street's expectations and revenue fell short. Oracle reported capital expenditures of $12 ...