Oracle stock continued to drop in January.
Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
Hammered by the general software selloff and AI debt concerns, shares of Oracle have shed 22% over eight trading sessions ...
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
The tech giant has invested huge sums in the AI infrastructure buildout in recent times.
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.