Oracle shares fell over 12% after disclosing plans to raise $40 billion through debt and equity financing, with only $20 billion previously announced. Free cash flow was negative at a $23.7 billion burn despite record Q4 revenue of $67.4 billion and EPS up 34% to $5.83. The sell-off mirrors Broadcom's recent drop after strong earnings missed Wall Street's high bar.
Tap to vote and see what everyone thinks.
Summary by ByteBrief
Tech stock sell-off accelerates; SoftBank drops 6%