Oracle is trading 4.09% lower at $137.69 amid reports of talks with Apollo and Goldman Sachs to finance chips for a 1-gigawatt data center.
- The proposed structure would have investors fund a separate company to buy and lease the chips, drawing attention to financing and leverage concerns.
- Rising yields, oil prices and geopolitical risk may also weigh on shares. U.S. indexes are lower, while Oracle’s decline exceeds the broad-market moves provided.
- No intraday volume data is available.