By Rashika Singh Feb 2 (Reuters) - Oracle shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to finance a massive data-center expansion with OpenAI. Long a ​smaller player in the cloud market, Oracle has emerged as a major player in the business of renting ‌computing power over the past year, thanks to its $300 billion deal with OpenAI. But investors have grown worried about how it would fund the data-center ex ...

Core Viewpoint - Oracle plans to raise between $45 billion to $50 billion this year to expand its cloud infrastructure, which has raised investor concerns leading to a 4% drop in shares during premarket trading [1] Group 1 - Oracle's share price fell approximately 4% in premarket trading on Monday [1] - The company aims to raise significant capital to enhance its cloud infrastructure [1] - Investor concerns have been fueled by the scale of the planned capital raise [1]

Core Insights - U.S. tech stocks experienced a decline in premarket trading, influenced by trends in Asian and European markets [1] - Oracle's stock fell by 3.4% following the announcement of plans to raise between $45 billion and $50 billion to meet cloud demand from major clients [1] - The fundraising strategy will involve a combination of debt and equity, amid growing concerns from lenders and investors regarding tech companies' capital expenditures [1] Company-Specific Developments - Oracle's fundraising is aimed at satisfying contracted cloud demand from significant customers, including Nvidia, OpenAI, Advanced Micro Devices (AMD), and Meta [1] - Nvidia's previously announced investment plan of $100 billion has reportedly stalled, contributing to a 1.6% decline in Nvidia's shares premarket [1] - Other companies in the sector also saw declines, with CoreWeave's futures dropping by 3.05% and AMD's shares falling by 1.95%, while Meta's stock decreased by 1.4% premarket [1]

Funding Plans - Oracle plans to secure between $45 billion and $50 billion in funding during 2026 to expand its cloud infrastructure capacity to meet demand from clients like AMD, Nvidia, Meta, OpenAI, TikTok, and xAI [1] - The funding will be raised through a combination of equity and debt financing, with an approximate split of 50% for each approach [1] Equity Financing - For the equity portion, Oracle will utilize a mix of equity-linked and common equity issuances, including an initial offering of mandatory convertible preferred securities and an at-the-market equity program authorized for up to $20 billion [2] - Shares will be issued under this program in line with market prices and capital requirements [2] Debt Financing - Oracle expects to complete a single issuance of investment-grade senior unsecured bonds early in 2026, with no additional bond offerings planned for the year beyond this transaction [3] - Goldman Sachs & Co. will lead the senior unsecured bond offering, while Citigroup will manage the at-the-market equity issuance and the convertible preferred equity offering [3] Strategic Goals - The funding approach aims to preserve Oracle's investment-grade rating and maintain balance sheet strength while expanding cloud services [4] - Oracle anticipates 2026 to be a pivotal year for advancing AI in the US, focusing on building AI infrastructure to support medical research, scientific breakthroughs, and economic growth [4] AI Infrastructure Development - Oracle is developing AI data center campuses in collaboration with OpenAI in Texas and other sites in New Mexico, Wisconsin, and Michigan, with a commitment to benefit local communities [5] - The company plans to fund on-site power generation or grid upgrades and implement closed-loop cooling systems to limit water use [5] AI Supercomputer Collaboration - In October 2025, Oracle and Nvidia collaborated to build an AI supercomputer named Solstice at Argonne National Laboratory for the US Department of Energy, achieving a combined output of 2,200 exaflops of AI performance [6]

③ 【中概股普跌，小鹏汽车跌5.5%】中概股盘前普跌。截至发稿，阿里巴巴跌2.7%，拼多多跌1.6%， 网易跌2.5%，百度跌2.8%，京东跌2.0%，小鹏汽车跌5.5%。 ④ 【台积电2nm产能已被预订一空】2月2日，据媒体报道，台积电的2nm产能已被全球科技巨头全部预 订。其中，AMD计划于2026年开始生产基于2nm工艺的CPU，而谷歌和AWS据称分别计划于2027年第 三季度和第四季度采用该工艺。此外，英伟达计划于2028年推出其"Feynman AI"GPU，预计将采用台积 电的A16工艺，该工艺采用背面供电设计。 每经记者：宋欣悦 每经编辑：高涵 ① 【三大期指齐跌】截至发稿，道指期货跌0.63%、标普500指数期货跌0.90%、纳指期货跌1.18%。 ② 【白银日内跌超15%，三个交易日抹平一个月涨幅】国际黄金和白银价格2日大幅下跌，其中黄金期 货价格一度回落至每盎司4500美元下方，白银期货价格一度跌至每盎司72.35美元。与1月29日创下的历 史最高点相比，2日白银价格盘中低点的累计跌幅已达40%，金价累计跌幅约20%。现货白银日内跌超 15%报71.5美元/盎司，较历史高位回落50美元，仅 ...

Core Viewpoint - The hyperscaler industry is experiencing a surge in data center investments, with Oracle planning to raise up to $50 billion to expand its capacity amid a competitive AI infrastructure landscape [1][3]. Group 1: Investment Plans - Oracle intends to raise between $45 billion and $50 billion in gross cash proceeds during the 2026 calendar year to meet the demand from cloud customers such as Nvidia, Meta, OpenAI, AMD, TikTok, and xAI [3]. - The funding will be sourced through a combination of debt and equity [3]. - Oracle has previously raised $18 billion in a bond sale and secured a $300 billion deal with OpenAI, indicating its commitment to AI infrastructure [4]. Group 2: Layoff Considerations - An analyst note indicated that Oracle is contemplating laying off between 20,000 to 30,000 employees, which could generate an additional $8 billion to $10 billion in free cash flow [2]. - Layoffs are considered one of several strategies to improve cash flow, alongside asset divestitures and vendor financing [4]. Group 3: Stock Performance and Investor Sentiment - Oracle's stock has declined by 50% since its peak in September, with an 11% drop following disappointing quarterly results in December [5]. - Concerns have been raised regarding Oracle's aggressive investment in AI and the associated debt, leading to investor dismay [6]. - The current investment strategy is seen as a high-stakes gamble, with analysts suggesting that investors must choose to either support or divest from these stocks [6].

Oracle plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales. The company is raising money to build additional capacity to meet the contracted demand from the its largest cloud customers, including Nvidia and OpenAI. Bloomberg's Neil Campling breaks down the situation. ...

来源：滚动播报 受英伟达和甲骨文相关担忧影响，道琼斯欧洲人工智能股票暴跌。 ...

预计约一半的资金将来自股权挂钩证券和普通股，包括强制可转换优先证券和一项高达 200 亿美元的新 市价发行计划。 其余资金将通过计划于 2026 年初发行的高级无担保债券筹集。 查看最新行情 甲骨文股价在盘前交易中下跌 4.7%，此前该公司表示，预计 将在 2026 年筹集 450 亿至 500 亿美元， 用于建设更多的云基础设施能力。 甲骨文表示，资金将来自股权和债务组合，这凸显了其人工智能驱动的扩张规模。 甲骨文表示，资金将来自股权和债务组合，这凸显了其人工智能驱动的扩张规模。 预计约一半的资金将来自股权挂钩证券和普通股，包括强制可转换优先证券和一项高达 200 亿美元的新 市价发行计划。 其余资金将通过计划于 2026 年初发行的高级无担保债券筹集。 债券持有人在 1 月份起诉甲骨文公司，称该公司隐瞒了大量额外借贷的需求，这加剧了市场的担忧；信 用违约掉期成本在 12 月份飙升至五年新高。 甲骨文公司今年累计下跌 15.5%。 责任编辑：刘明亮 债券持有人在 1 月份起诉甲骨文公司，称该公司隐瞒了大量额外借贷的需求，这加剧了市场的担忧；信 用违约掉期成本在 12 月份飙升至五年新高。 甲骨文公司今年累计 ...

多家美国媒体2日援引美国道明证券高宏公司发布的一份报告报道，随着美国多家银行对甲骨文AI数据 中心扩建项目惜贷，甲骨文将出售部分业务。这份报告说，甲骨文此次裁员将波及2万至3万人，同时意 味着甲骨文可以获得80亿至100亿美元自由现金流。 人民财讯2月2日电，美国一家投资 银行 最新发布的报告说，美国 甲骨文 公司计划裁减多达3万个工作 岗位，以期为其 人工智能 (AI) 数据中心 筹集资金。 甲骨文尚未官宣裁员事宜。如果此次裁员实现，将是该公司近年来规模最大的一次裁员。 （文章来源：新华社） ...