Oracle shares rose about 6% to $125.81 in morning trading, recovering from a four-month low close of $119.22, after the company priced a $20 billion sale of stock and bonds. The deal comprises 86.2 million shares at $116 each and $10 billion of senior notes with coupons up to 8.65%, in line with a plan to raise about $40 billion in fiscal 2027 and to limit capital-market funding through fiscal 2030 to this raise, excluding refinancing. Baird analyst Rob Oliver said the sale matched what Oracle had previewed, while bears point to first-quarter interest expense up 55% year over year to $1.4 billion and negative free cash flow of $5.4 billion. The article notes $664 billion in remaining performance obligations and says fiscal second-quarter results due December 14 will show whether cloud revenue growth falls within the guided 65% to 71% range.
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| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $3.9T |
| Close on 11/02/2026 | 507.12 |
| Change that session | -2.83% |
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