Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
Oracle said on Sunday it planned to raise $45 billion to $50 billion of gross cash proceeds during the 2026 calendar year to build additional capacity to meet contracted demand from its cloud ...
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
Oracle stock rose on Monday after the tech giant said it plans to raise up to $50 billion this year to fund its ambitious bet ...