Oracle announces Equity and Debt Financing Plan for Calendar Year 2026
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📅 Published: 2026-02-01 23:00
📰 Source: Yahoo
📝 Words: 55
📝 Article Content
Oracle Corporation (NYSE: ORCL) today announced its full calendar year 2026 plan to fund the expansion of its rapidly growing Oracle Cloud Infrastructure business. Oracle is raising money in order to build additional capacity to meet the contracted demand from our largest Oracle Cloud Infrastructure customers, including AMD, Meta, NVIDIA, OpenAI, TikTok, xAI and others.
📄 Summary
Oracle Corporation (NYSE: ORCL) today announced its full calendar year 2026 plan to fund the expansion of its rapidly growing Oracle Cloud Infrastructure business. Oracle is raising money in order to build additional capacity to meet the contracted demand from our largest Oracle Cloud Infrastructure customers, including AMD, Meta, NVIDIA, OpenAI, TikTok, xAI and others.
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Stock Mentions:
META - Meta Platforms Inc.
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ORCL - Oracle Corporation
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AMD - Advanced Micro Devices Inc.
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