Oracle reports stronger-than-expected revenues, but investors show discontent over rising data centre capital costs

Shares of the tech giant closed down more than 2% on Wednesday before plummeting over 5% in after-hours trading.

Oracle plans to raise $45-50 billion through debt and equity financing to expand its AI cloud infrastructure, backed by a $300 billion OpenAI deal.

Oracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans and rising debt concerns. The companys…

Q4 sales climbed 21%, but Wall Street more interested in $70B buildout bill