Oracle Corporation (ORCL) Poised for $14B Financing for Data Centers Development [Yahoo! Finance]
Oracle Corporation (ORCL)
Last oracle corporation earnings: 3/12 04:02 pm
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Source: Yahoo! Finance
big mover in the market amid reports that Pacific Investment Management Co is in talks to provide the company with $14 billion in debt financing. Oracle Corporation (ORCL) Poised for $14B Financing for Data Centers Development The $14 billion debt financing is to go towards a major data center project in Michigan. The financing could be structured as a bond, as Pimco could syndicate it to other investors. The company is working on a large data center in Saline township that will help power applications for OpenAI. In a separate update, UBS reiterated a Buy rating on Oracle Corp and a $250 price target. The bullish stance is in response to the company confirming the appointment of Hilary Maxson as the next Chief Financial Officer. She takes over from Doug Kehring, who is stepping down as part of a planned transition. Maxson is helping the company navigate the massive development plans and the cash crunch it is facing. Oracle Corporation (NYSE:ORCL) is a global technology compan
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ORCL
News
- Oracle and AWS Collaborate to Expand Multicloud Networking [TheStreet.com]TheStreet.com
- Oracle and AWS Collaborate to Expand Multicloud NetworkingPR Newswire
- Oracle Corporation (ORCL) Eyes Fuel Cell Systems for AI and Cloud Build out [Yahoo! Finance]Yahoo! Finance
- OpenAI StarGate People Move To Meta Amid Data Center Boom [Yahoo! Finance]Yahoo! Finance
- Oracle Named a Leader in Gartner® Magic Quadrantâ„¢ for Transportation Management Systems for the 19th TimePR Newswire
ORCL
Earnings
- 3/10/26 - Beat
ORCL
Sec Filings
- 4/17/26 - Form 4
- 4/16/26 - Form 144
- 4/14/26 - Form 3
- ORCL's page on the SEC website