TechWall Street Journal56m ago
Filings: Oracle is selling $10B in common stock and $10B in bonds
Filings: Oracle is selling $10B in common stock and $10B in bonds, as it rushes to line up financing to pay for its data center buildout; ORCL falls 5%+
TL;DROracle raising $20B via stock and bond sales to fund data center expansion.
Why it matters: Signals massive AI infrastructure bet; massive capital raise suggests aggressive competition for cloud dominance.
The software company is selling $10 billion in common stock and $10 billion in bonds — Oracle plans to raise $20 billion in debt …
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