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, ...
Oracle’s debt-fueled data center expansion has drawn concerns, prompting a sharp sell-off in its stock in recent months.