BUSINESSQUARTZ
Oracle beat earnings expectations — but the stock sank on a new $40B fundraising plan
Oracle exceeded revenue and profit expectations but its stock price declined due to a $40 billion fundraising plan aimed at expanding its AI development.
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Adjacent reporting
- Oracle beats on earnings, but stock drops on plans to raise another $20 billion
- Oracle’s stock slides after earnings, as the steep price of AI spooks investors
- Meta's stock sinks on report company could raise tens of billions of dollars to fund AI push
- Nvidia Beats, Stock Dumps—BofA Says Buy the Dip
- Super Micro stock plunges as $7 billion equity raise overshadows booming backlog
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