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 ...
As of Friday, Oracle shares had dropped more than 50% from last year's high, but were once again rising by Monday morning.
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
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Oracle analyst warns of 30,000 layoffs, asset sale as the cloud firm moves to tackle debt – ORCL stock falls pre-market
Oracle’s debt-fueled data center expansion has drawn concerns, prompting a sharp sell-off in its stock in recent months.
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