US Stock Market Move | Oracle Corporation (ORCL.US) plans to raise an additional $50 billion for the expansion of its cloud infrastructure. The stock price of Oracle Corporation rose nearly 4% in pre-market trading.

On Monday, Oracle Corporation (ORCL.US) rose nearly 4% in pre-market trading, closing at $170. On the news front, Oracle Corporation announced on Sunday that it plans to raise $45 to $50 billion by 2026 through a combination of debt and equity to expand its cloud infrastructure capacity. The company stated in a statement: "The purpose of this financing is to build more capacity to meet the signed demand from our largest Oracle Corporation Cloud Infrastructure (OCI) customers, including companies such as AMD, Meta, NVIDIA Corporation, OpenAI, TikTok, xAI, and others." It is reported that Oracle Corporation plans to raise about half of the funds through the issuance of securities linked to equity and common stock, including mandatory convertible preferred securities, and through a financing plan of up to $20 billion through an "at-the-market" (ATM) stock program. Oracle Corporation also stated that it plans to raise the remaining necessary funds through a one-time bond issuance in early 2026.