Oracle stock drops 10% after $20 billion raise even though earnings beat expectations

Shares tumble after Oracle announces $20 billion equity and debt raise despite reporting $2.11 per share on $19.2 billion revenue for Q4 with strong AI cloud growth and rising remaining performance obligations supporting long-term investor confidence

https://www.ynetnews.com/business/article/r1hgbvd11fg

0 comments

Oracle stock drops 10% after $20 billion raise even though earnings beat expectations