Today: 12 June 2026
Browse Category

NASDAQ:OSRH 24 November 2025

Stock Market Today

  • Oracle Shares Drop After Announcing $40 Billion Fundraising for AI Data Center Expansion
    June 12, 2026, 2:12 AM EDT. Oracle shares fell nearly 9% after reporting stronger-than-expected Q4 revenue but maintaining flat revenue guidance of $90 billion for the next fiscal year. The company plans to raise $40 billion in debt and equity to fund a 25% increase in capital expenditures to $70 billion, focusing on building AI data centers for clients like OpenAI. Despite beating full-year revenue estimates with $67.4 billion, investors are concerned about Oracle's debt load and repayment risks due to dependency on few customers. Oracle is also facing local opposition to its data center projects and has cut thousands of jobs, aiming to leverage AI to reduce workforce needs.

Latest articles

AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

Dow up 930 points after hours as tech lifts Nasdaq

12 June 2026
Dow soars 929.97 points for its strongest session in months as easing geopolitical risk and a rebound in tech drive ETFs higher after hours; chip stocks surge with the PHLX Semiconductor Index up 7.9%, while Adobe drops 5.44% after CFO exit despite raised forecasts.
Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

12 June 2026
Keel Infrastructure Corp. surged 5.14% to $5.52 after closing $458 million in 1.250% convertible senior notes due 2032, with proceeds aimed at accelerating AI and high-performance computing data center projects; the notes’ initial conversion price is $7.41, about 25% above the June 4 close, while analysts’ 12-month price targets range from $3.00 to $8.00, averaging $5.52.
Go toTop