Oracle raises $25 billion and reassures skeptical investors

Adrian Bogdan

According to IT Boltwise , Oracle has dispelled market doubts about its AI strategy with a bond sale worth $25 billion. The exceptionally high demand for the bonds signals that investors trust the software giant’s long-term plans. In December, there were still concerns when weak quarterly figures drove down the stock price ( we reported ). The additional announcement to raise approximately $50 billion in fresh equity this year eases worries about an overburdened balance sheet. Investments

Oracle raises $25 billion and reassures skeptical investors https://www.trendingtopics.eu/ - 09:25

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Oracle raises $25 billion and reassures skeptical investors https://www.trendingtopics.eu/ - 09:25