Oracle stock edges higher on data‑center financing

Oracle shares rose slightly but stayed negative as tech sector weakness persisted, after Bloomberg reported financing talks for a Michigan data center.
Pacific Investment Management Co. (Pimco) is in early-stage discussions with Bank of America to provide roughly $14 billion debt financing for the project.
The financing may be structured as a bond, with Pimco potentially syndicating portions to other investors, testing appetite for large AI‑infrastructure funding.
Oracle intends the Saline Township campus to power OpenAI applications, highlighting the project's focus on for artificial‑intelligence workloads.