Oracle shares tumble 11% on increased capital raise, cash concerns
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Source: CNBC
Published: 2026-06-12 01:32 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology
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Snippet:
Oracle shares tumbled 11% and headed for their worst day since January 2025, after the software maker told investors to expect an additional $20 billion capital raise while reporting negative free cash flow for the year.
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