Oracle dips 3% after announcing $50 billion fundraising plans. Here's why
Știință și Tehnologie
Data center giant Oracle 's stock took a 3% hit in early premarket on Monday, after the company announced plans to raise up to $50 billion to develop additional capacity for customers, and an analyst said the company was considering laying off thousands to free up cash flow. Hyperscalers have scrambled to build the infrastructure needed to power AI, with data center deals hitting a record $61 billion in 2025 and multiple big tech firms committing huge sums amid a funding rush. Oracle said on
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