Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
Feb 1 (Reuters) - Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud ...
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
The tech giant has invested huge sums in the AI infrastructure buildout in recent times.
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 on AI and cloud computing.
Oracle stock still looks like a "Buy" with an intrinsic value of $220 and AI-driven cloud growth. Here's what investors need ...
Air Force Technology on MSN
Oracle wins $88m task order for US Air Force Cloud One programme
The Air Force Life Cycle Management Center is overseeing the contracting activity.
The Register on MSN
Oracle's first general on-prem release of its .ai database iteration draws skeptics
Users happy with 19c as experts question AI lock-in Last week, Oracle announced the general availability of Oracle AI ...
S&P 500, Nasdaq close down as Big Tech's soaring AI budgets trigger flight The S&P 500 and the technology-heavy Nasdaq closed lower on Thursday as investors were rattled by the latest earnings reports ...
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