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On October 28, 2026, Oracle announced at its Investor Day that it would cap the additional capital markets financing still needed for this investment cycle through fiscal year 2030 at $20 billion, and projected that free cash flow would turn positive in the second half of fiscal year 2028. On November 2, Oracle filed with the SEC a plan to issue $10 billion of common stock and $10 billion of senior notes for general corporate purposes including AI infrastructure buildout; after the announcement, the stock fell more than 6% that day. Subsequent reports said the stock offering comprised 86.2 million shares priced at $116 per share, while the bonds were issued in five tranches with maturities from 2029 to 2046 and coupons of 7% to 8.65%, and the stock's decline widened to 8.8%.
AI-generated from public reports
Latest development · Report
Oracle Raises $20 Billion for AI Expansion, Shares Fall Nearly 9%Developments
2 confirmed developments
Oracle files to issue $10 billion in stock and $10 billion in bonds
Source:English text is being prepared.- Source:36Kr · AI
Reports and discussion timeline
Browse reports and discussion by time. Their evidence levels remain distinct.
Nov 3
Phoenix Technology
Oracle Raises $20 Billion for AI Expansion, Shares Fall Nearly 9%
Oracle announced that it would raise approximately $20 billion through bond issuance and stock sales to support AI and cloud computing infrastructure construction. After the news was announced, the stock price fell 8.8% to $119.22, and the cumulative decline for the year widened to about 39%. The offering consisted of 86.2 million shares priced at $116 per share, a discount of about 11.2% to last Friday's closing price; the bond portion consists of five tranches of fixed-rate notes with maturities ranging from 2029 to 2046 and interest rates between 7% and 8.65%. As of August 31, Oracle's notes payable and other borrowings reached $125.34 billion, and the company expects revenue to exceed $225 billion by fiscal year 2030.
Nov 2
Hacker News Trending
Oracle files to issue $10 billion in stock and $10 billion in bonds to finance AI infrastructure
Oracle on Monday filed with the SEC, planning to issue $10 billion in common stock and $10 billion in senior notes, with proceeds to be used for AI infrastructure buildout and other general corporate purposes; shares fell more than 6% that day after the news was announced. The company had already flagged this round of financing at its investor day last week, and gave a revenue forecast of at least $225 billion for fiscal 2030, while stating that additional capital markets financing during the 2027 to 2030 investment cycle would be limited to this $20 billion. Oracle shares have fallen 33% cumulatively in 2026, and its five-year credit default swap spread has risen to 296.
Nov 1
36Kr · AI
Meta plans to raise up to $97.5 billion; Oracle caps additional financing for this round at $20 billion
Meta has launched a new round of equity financing, expanding the size from $35 billion to $37.5 billion; combined with a stock sale plan of up to $60 billion, the total is up to $97.5 billion, to support AI infrastructure and personal superintelligence investment. Oracle, meanwhile, announced at its investor day that additional capital market financing still needed for this investment cycle through fiscal 2030 will be limited to $20 billion, and it expects free cash flow to turn positive in the second half of fiscal 2028. Both companies use supplier financing, customer-provided hardware, and prepayments to reduce upfront outlays, but they have set out different arrangements for subsequent fundraising.
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