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Oracle seeks $50B to fuel cloud expansion as metals slump

Bloomberg Markets •
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US equity futures slipped as a fresh dip in gold and silver dragged broader markets lower. Oil prices eased after Washington and Tehran signaled a willingness to de‑escalate regional tensions, lifting risk sentiment but not enough to halt the metals sell‑off. Investors watch for further commodity volatility.

Oracle disclosed plans to raise as much as $50 billion this year, earmarked for expanding cloud infrastructure capacity. The capital raise, likely via a mix of debt and equity, aims to keep pace with rivals as enterprise demand accelerates. Analysts see the move as a bet on long‑term growth.

Dtek chief executive Maxim Timchenko blamed a drone strike that killed more than a dozen civilian mine workers in central Ukraine on a broader Russian attack against the firm’s facilities. Meanwhile, Ella Gude of BNY Investments Newton warned that a Fed led by Kevin Warsh could introduce new policy risks, adding uncertainty to equity valuations.