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Stock impact report

Why Oracle Stock Is Sinking Once Again [Yahoo! Finance]

Blue Owl Capital Inc. Class A (OWL) 
Company Research Source: Yahoo! Finance
The market is pricing Oracle bonds as riskier than its official credit ratings suggest. 10 stocks we like better than Oracle › Shares of Oracle (NYSE: ORCL) are down 5.1% as of 2:31 p.m. ET today. The drop comes as the S&P 500 and Nasdaq Composite lost 1% and 1.5%, respectively. Oracle has reportedly failed to secure financing from Blue Owl Capital to fund the construction of a new data center , extending a multi-day sell-off following last week's earnings. Oracle will now have to look elsewhere to find the $10 billion it needs to fund the construction of a new data center in Michigan. Blue Owl has been a major partner in financing Oracle's artificial intelligence (AI) ambitions thus far, making the missed deal all the more concerning to investors, as it adds to the narrative that Oracle is a credit risk. Oracle may now have a hard time securing financing from others -- at least on favorable terms -- given Blue Owl walked away from the deal. The company's bonds, despite ret Show less Read more
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