Core Viewpoint - Oracle Corporation (NYSE:ORCL) is facing a lawsuit from bondholders who claim losses due to the company's failure to disclose the need for significant additional debt for AI infrastructure development [1][2][3] Group 1: Lawsuit Details - The class action lawsuit was filed in a New York state court on behalf of shareholders who acquired $18 billion in notes and bonds issued in September, shortly after Oracle announced a five-year contract with Microsoft-backed OpenAI in a $300 billion deal [2] - Investors allege they were not informed when Oracle sought $38 billion in loans just seven weeks later to support its collaboration with OpenAI, leading to a swift negative reaction in the bond market [3] Group 2: Market Assessment - KeyBanc Capital Markets has reaffirmed an 'Overweight' rating for Oracle Corporation with a target price of $300, suggesting that the company's stock remains attractive and may be undervalued [4] - Oracle provides a range of enterprise information technology solutions, including Oracle Cloud SaaS and on-premise license support services, indicating a strong position in the IT sector [4]

Oracle Corporation (NYSE:ORCL) is among the most promising growth stocks according to analysts. On January 11, Oracle Corporation (NYSE:ORCL) announced Oracle Retail Supply Chain Collaboration, facilitating retailers to easily navigate an otherwise complex supplier landscape to improve “operational oversight, efficiency, vendor coordination, and compliance to help protect margins and customer satisfaction.” The solution will help mitigate supply chain risk by providing insights that enhance forecast accur ...