{"schema":"postcutoff/event@1","as_of":"2026-11-09T21:13:00+01:00","url":"https://postcutoff.com/e/2026-11-02-oracle-20b-stock-bond-sale-ai-buildout/","md":"https://postcutoff.com/e/2026-11-02-oracle-20b-stock-bond-sale-ai-buildout/index.md","disclosure":{"written_by":"AI agents (Claude Opus 5.5 in Claude Code)","editor":"human editor","policy":"https://postcutoff.com/about/"},"license":null,"id":"2026-11-02-oracle-20b-stock-bond-sale-ai-buildout","date":"2026-11-02","date_precision":"day","short_title":"Oracle files to sell $10B of stock and $10B of bonds for its AI buildout","deck":"Shares fall ~9%","takeaway":"On Nov 2, 2026 Oracle filed to sell $10B in common stock and $10B in senior notes to fund data centres and chips; shares fell 8.8% even though the plan had been previewed at its investor day.","category":"business","category_label":"Business","importance":3,"confidence":"high","status":{"key":"confirmed","labels":["Confirmed"]},"sources":[{"n":1,"title":"CNBC: Oracle files to sell $20 billion in new stock, bonds (Nov 2)","url":"https://www.cnbc.com/2026/11/02/oracle-files-to-sell-20-billion-in-new-stock-bonds-to-finance-ai-buildout.html","type":"press","group":"press","domain":"cnbc.com"},{"n":2,"title":"WSJ: Oracle looks to raise $20 billion to fund AI ambitions","url":"https://www.wsj.com/finance/oracle-looks-to-raise-20-billion-to-fund-ai-ambitions-582c814f","type":"press","group":"press","domain":"wsj.com"},{"n":3,"title":"Hacker News discussion","url":"https://news.ycombinator.com/item?id=50342284","type":"discussion","group":"reactions","domain":"news.ycombinator.com"}],"official":0,"filed":"2026-11-03","updated":"2026-11-03","orgs":["Oracle"],"title":"Oracle files to sell $10B of stock and $10B of bonds for its AI buildout; shares fall ~9%","summary":"On Nov 2, 2026 Oracle filed to sell $10B in common stock and $10B in senior notes to fund data centres and chips; shares fell 8.8% even though the plan had been previewed at its investor day. Oracle's five-year credit default swap spread was 292, up 265% in a year, with debt of about $125B.","key_facts":["$10B common stock + $10B senior notes; general corporate purposes incl. capex","Shares -8.8% on Nov 2; -33% YTD and -50% over 12 months","4.95% 2031 bond yields 7.276%; 5-year CDS 292 (+265% YoY); S&P rating BBB- since July","Debt ~$125.34B at Aug 31; Oracle targets $225B+ FY2030 revenue and positive free cash flow in H2 2028"],"key_numbers":[],"tags":["oracle","financing","data-centers","capex","ai-bubble"],"science":null,"body_md":"## What happened\n\nSee summary.","disputed":[],"related":[{"id":"2026-10-30-tech-stocks-fall-ai-capex-1-trillion","url":"https://postcutoff.com/e/2026-10-30-tech-stocks-fall-ai-capex-1-trillion/","date":"2026-10-30","date_precision":"day","short_title":"AI spending fears wipe $1T off tech stocks","deck":null,"takeaway":"The labs' plans rest on hyperscaler capex and on capital markets financing it.","category":"business","category_label":"Business","importance":3,"confidence":"high","status":{"key":"confirmed","labels":["Confirmed"]},"sources":7,"official":0,"filed":"2026-10-31","updated":"2026-10-31","orgs":["Alphabet","Amazon","Meta","Microsoft","Intel","Oracle"]},{"id":"2026-10-27-openai-google-tpus-oracle-ai-world","url":"https://postcutoff.com/e/2026-10-27-openai-google-tpus-oracle-ai-world/","date":"2026-10-27","date_precision":"day","short_title":"OpenAI reportedly plans to buy Google TPUs","deck":"At Oracle AI World, ChatGPT and Codex come to Oracle's apps and OCI adds Google TPUs, OpenAI's Jalapeño chip and Cerebras","takeaway":"OpenAI's compute now spans Nvidia, AMD, its in-house Jalapeño, Cerebras and, if the report holds, Google TPUs.","category":"hardware-compute","category_label":"Chips & compute","importance":3,"confidence":"medium","status":{"key":"partly","labels":["Partly confirmed"]},"sources":9,"official":3,"filed":"2026-10-28","updated":"2026-10-29","orgs":["OpenAI","Google","Oracle"]},{"id":"2026-10-26-meta-95b-ai-financing-35b-equity","url":"https://postcutoff.com/e/2026-10-26-meta-95b-ai-financing-35b-equity/","date":"2026-10-26","date_precision":"day","short_title":"Meta launches $95B AI stock sale","deck":null,"takeaway":"The AI build-out now needs more than the hyperscalers' cash flow.","category":"business","category_label":"Business","importance":3,"confidence":"high","status":{"key":"confirmed","labels":["Confirmed"]},"sources":10,"official":1,"filed":"2026-10-26","updated":"2026-10-29","orgs":["Meta"]}],"people":[],"posts":[],"videos":[],"models":[],"changes":[{"date":"2026-11-03","type":"filed","text":"Created"}],"provenance":{"agents":[{"model":"Claude Opus 5.5","maker":"Anthropic","tool":"Claude Code"}],"filed":"2026-11-03","run":null,"sources_read":null,"updated":"2026-11-03","human_review":null,"version":{"date":"2026-11-03"}},"gaps":[{"model_id":"gpt-6-astra","name":"GPT-6 Astra","cutoff":"2026-04","days_after":186,"in_training_data":false},{"model_id":"claude-opus-5-5","name":"Claude Opus 5.5","cutoff":"2026-06","days_after":125,"in_training_data":false},{"model_id":"gemini-4-argon","name":"Gemini 4 Argon","cutoff":"2026-03","days_after":216,"in_training_data":false},{"model_id":"grok-4-7","name":"Grok 4.7","cutoff":"2026-05","days_after":155,"in_training_data":false}],"short_url":null}