Oracle Pursues $15B Debt for AI Investment

about 1 month ago

Nora Melinda

"Were looking at the news that Oracle is looking to raise $15 billion from the U.S. investment-grade bond market today. Shares are down about as much as 3.5% in trading today."

Oracle is set to raise $15 billion through a bond issuance to fund its AI initiatives. Although the stock has risen 83% year-to-date, the recent dip in trading reflects market caution amid its aggressive investment in AI.

Related Stocks