U.S. Stocks in Motion | Oracle (ORCL.US) Falls Over 4% in Pre-Market; Moody's Affirms Its Baa2 Debt Rating and Maintains Negative Outlook

Zhitong Finance APP has learned that on Monday, Oracle (ORCL.US) fell more than 4% in premarket trading to $125.14. On the news front, on November 2, Moody's affirmed Oracle's "Baa2" senior unsecured debt rating and "P-2" commercial paper rating, and assigned a "Baa2" rating to the company's proposed $10 billion senior unsecured notes, with the outlook maintained at negative. On Monday, Oracle launched a $10 billion U.S. dollar bond offering, just days after the company announced a new capital expenditure plan to fund its artificial intelligence (AI) infrastructure investments.