Microsoft announced plans to raise $25 billion through bonds, using its AAA credit rating from S&P to support infrastructure expansion. The company is targeting $170 billion in capital expenditures in 2026 to meet heavy demand from AI labs Anthropic and OpenAI and other clients. The offering is expected to close on Nov. 4, with proceeds for general corporate purposes including working capital, capital expenditures, share repurchases, acquisitions and repayment of existing debt. The article notes Microsoft reported positive free cash flow in the quarter, unlike Alphabet and Amazon, while Oracle separately plans $10 billion in new debt.
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Related tickers and likely impact
MSFT
• NeutralMicrosoft
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $3.9T |
| Close on 10/29/2026 | 530.14 |
| Change that session | -0.16% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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