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Oracle Corp (NYSE:ORCL) is one of the top growth stocks in billionaire Philippe Laffont’s portfolio. On April 8, Oracle Corp (NYSE:ORCL) was a big mover in the market amid reports that Pacific Investment Management Co is in talks to provide the company with $14 billion in debt financing.

The $14 billion debt financing is to go towards a major data center project in Michigan. The financing could be structured as a bond, as Pimco could syndicate it to other investors. The company is working on a large data center in Saline township that will help power applications for OpenAI.

In a separate update, UBS reiterated a Buy rating on Oracle Corp and a $250 price target. The bullish stance is in response to the company confirming the appointment of Hilary Maxson as the next Chief Financial Officer. She takes over from Doug Kehring, who is stepping down as part of a planned transition. Maxson is helping the company navigate the massive development plans and the cash crunch it is facing.

Oracle Corporation (NYSE:ORCL) is a global technology company specializing in enterprise software, database management systems, and cloud computing infrastructure. It helps businesses store, manage, and analyze large-scale data, powering core operations like banking, supply chain, and HR. Key offerings include Autonomous Database, cloud applications (ERP, CRM), and AI infrastructure.

While we acknowledge the potential of ORCL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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