Oracle Stock Ends Lower After Company Reveals $50 Billion AI Funding Plan

Oracle Reveals $50 Billion AI Funding Plan. The Stock Swings Higher. | Investor's Business DailyBREAKING: [Futures Mixed; Disney, Oracle Are Early Movers]---Oracle (ORCL) said it plans to raise up to $50 billion using equity and debt this year to fund the AI ambitions of its cloud-infrastructure business. Oracle stock swung higher in premarket trading after initially falling following the announcement. The move comes as cloud hyperscalers are spending hundreds of billions to build data centers equipped to t ...