Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
Sam Altman, Jensen Huang, and Oracle push back on reports of tension over OpenAI's deal with Nvidia.
The cloud-services giant said it expects to raise the money through a combination of debt and equity.
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, ...
Oracle may take drastic cost-cutting steps to improve cash flow stress, according to CIO, citing TD Cowen’s assessment. In ...
Oracle is raising more debt and Nvidia is walking back its OpenAI investment target. Both are signs that the AI trade could ...
Oracle (NYSE:ORCL) announced on Friday that it expects to raise $45 billion to $50 billion in cash this year through a ...
Oracle clarifies ‘zero impact’ from Nvidia-OpenAI deal amid layoff reports, cloud investment plans — Details ...
By Rashika Singh Feb 2 (Reuters) - Oracle shares gained 2% on Monday after Wall Street analysts said the software company's ...
The database and cloud software company assured investors that NVIDIA and OpenAI's supposedly lofty deal won't help or hurt ...
As of Friday, Oracle shares had dropped more than 50% from last year's high, but were once again rising by Monday morning.
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