Oracle (ORCL) shares fell more than 5% after the company announced plans to raise $20 billion through equity and debt issuances to fund its AI buildout. The stock is now down 54% from this year's high, according to a post by @KobeissiLetter.
Oracle stock falls over 5% after announcing $20 billion AI funding planAI News
Oracle (ORCL) shares fell more than 5% after the company announced plans to raise $20 billion through equity and debt issuances to fund its AI buildout. The stock is now down 54% from this year's high, according to a post by @KobeissiLetter.