Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
The software giant wants to expand its cloud infrastructure, even as its stock trails and investor concerns deepen.
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 has started marketing a US$5bn mandatory convertible preferred that is part of a US$50bn debt and equity financing package aimed preserving the Texas-based hyperscaler's investment-grade credit ...
Users happy with 19c as experts question AI lock-in Last week, Oracle announced the general availability of Oracle AI Database 26ai Enterprise Edition for Linux x86‑64, but 13-year support for 19c and ...