Feb 1 (Reuters) - Oracle expects ​to raise $45 billion to $50 billion in 2026 to build additional capacity ‍for its cloud ...
Oracle Corporation plans to raise $45B–$50B of gross cash proceeds through a balanced mix of debt and equity. Read more on ...
Three major factors were at play: a bondholder lawsuit, a wave of analyst downgrades and price cuts, and a macro environment ...
The software giant wants to expand its cloud infrastructure, even as its stock trails and investor concerns deepen.
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.
This isn't Oracle's first attempt to raise money in pursuit of its AI buildout. In September, the company issued an $18 ...
Oracle shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays ...
Forbes contributors publish independent expert analyses and insights. I consult on marketing strategy, content creation, and messaging. Oracle burned through $10 billion in cash in its most recent ...
Oracle has been hit with a class-action lawsuit from investors who allege the cloud computing provider misled them about the amount of debt the company would need to take on to fulfil a US$300bn ...
NEW YORK, Jan 14 (Reuters) - Oracle (ORCL.N), opens new tab was sued on Wednesday by bondholders who say they suffered losses because the company ‌chaired by billionaire Larry Ellison failed to ...
Oracle was sued on Wednesday by bondholders who say they suffered losses because the company chaired by billionaire Larry Ellison failed to disclose it needed to sell significant additional debt to ...