Oracle Stock Rises on $14B Data Center Financing Talks

Oracle shares ticked up despite broader tech weakness after Bloomberg reported financing talks for a Michigan data center.
Pimco is discussing roughly $14 billion of debt financing with Bank of America for the project, potentially structured as a bond.
The data center in Saline Township will support Oracle’s OpenAI‑powered applications, testing investor appetite for large AI infrastructure funding.
Tech sector under pressure, but Oracle’s financing news limitedly offset the decline.