Devon Energy, Coterra Energy Fall on Merger; Oracle Kicks Off US Dollar Bond Sale | Stock Movers скачать в хорошем качестве

Devon Energy, Coterra Energy Fall on Merger; Oracle Kicks Off US Dollar Bond Sale | Stock Movers

On this episode of Stock Movers with John Tucker: Devon Energy (DVN) shares fell and Coterra Energy dropped after the firms said they will merge in an all-stock transaction with a combined enterprise value of around $58 billion. Energy stocks are also trading lower on Monday amid a slump in oil prices. Cryptocurrency-linked stocks, like Coinbase (COIN,) fall in premarket trading after Bitcoin prices over the weekend slid to their lowest price since April. Oracle (ORCL) has kicked off a US dollar bond offering as the software giant looks to raise $45 billion to $50 billion through a combination of debt and equity sales to build additional cloud infrastructure capacity. The bond deal is expected to be about $20 billion to $25 billion, according to people with knowledge of the matter, who asked not to be identified because they’re not authorized to speak publicly. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X:   / bloombergradio   Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts:    / bloombergpodcasts   Bloomberg Television:    / @markets   Bloomberg Originals:    / bloomberg   Quicktake:    / @bloombergquicktake