ORCL is trading at $145.10 (3.4% up) in pre-market, rebounding from a weak late-June stretch as investors focus on the company's aggressive AI infrastructure buildout.
- Oracle is planning to raise approximately $20 billion in equity and debt to support its massive expansion into cloud and AI services.
- The stock is recovering after a period where strong earnings tied to AI demand were initially met with selling pressure.
- Broader strength in technology futures is providing a supportive backdrop for the stock's upward momentum.