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.
Still, Oracle is paying significantly higher coupons than its peers. The 10-year portion of the bond was expected to yield ...
Anthropic unveiled new AI tools the company said would automate tasks already served by many software giants.
Oracle (ORCL) concluded the recent trading session at $146.67, signifying a -5.17% move from its prior day's close.
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, ...
The database and cloud software company assured investors that NVIDIA and OpenAI's supposedly lofty deal won't help or hurt ...
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 ...
As of Friday, Oracle shares had dropped more than 50% from last year's high, but were once again rising by Monday morning.