Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
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.
Feb ‌1 (Reuters) - ​Oracle ‌said it ​expects ‍to ​raise $45 ​billion to $50 ⁠billion in ‌2026 to ​build additional ‌capacity ...