Oracle plans to raise up to another $25 billion this year but said the sales would be either equity or equity-linked issuances.
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
The software giant wants to expand its cloud infrastructure, even as its stock trails and investor concerns deepen.
Retail banking is set to see a transformation from Oracle Financial Service’s Agentic platform as customers receive AI-infused products ...
Oracle is experiencing higher borrowing costs and a pullback from US banks as it attempts to finance its large data centre ...
As of Friday, Oracle shares had dropped more than 50% from last year's high, but were once again rising by Monday morning.
Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
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 Corporation (NYSE:ORCL) is one of the 10 AI Stocks Analysts Are Watching. On February 2, UBS analyst Karl Keirstead lowered the price target on the stock to $250.00 (from $280.00) while ...
Oracle (NYSE:ORCL) announced on Friday that it expects to raise $45 billion to $50 billion in cash this year through a ...
The database and cloud software company assured investors that NVIDIA and OpenAI's supposedly lofty deal won't help or hurt ...
In yet another wave of layoffs, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the ...