Even the possibility of a $30 billion investment by Nvidia into OpenAI wasn't enough to lift Oracle stock today.
The stock is down by more than 55% from its 52-week high.
Software giant Oracle has a vast installed base of enterprise customers that it has agglomerated over the decades that gives it the cash flow to do many things. But what it does not have is the cash ...
In my view, Oracle has become an OpenAI sentiment story. Oracle plans to raise $45B–$50B of gross cash proceeds through a balanced mix of debt and equity, with concrete details on both. I see this as ...
Oracle is executing a bold transformation that leverages its database core while supplying data center infrastructure. It's also ramping up internal cloud and application products. Growth is fueled by ...
Oracle stock rose 2% in Monday morning trading after the company announced on Sunday plans to raise $45 billion to $50 billion in the 2026 calendar year. The data center giant said on Sunday it ...
A community meeting is scheduled at 4 p.m. today to discuss the Cody Fire, which has burned for days north of Tucson near the community of Oracle, officials say. The meeting will be held a Biosphere 2 ...
TikTok is now majority-owned by a group of U.S.-backed investors, including Oracle, Silver Lake, and MGX. The app's former owner, Chinese company ByteDance, retains a ...
This file will be updated with the latest information as it comes in. Schools across the mountains are looking at delays, closings and remote learning days once again on Wednesday, Jan. 28, after a ...
A data center in Texas being built by Stargate, a partnership between OpenAI, Oracle and SoftBank.Kyle Grillot/Bloomberg News Shares in Oracle (ORCL) fell after the technology company said it plans to ...
Western North Carolina woke to a dusting of snow on Feb. 5, prompting more school closures, especially as the number of virtual days dwindle. Buncombe County Schools made the decision to close schools ...
Oracle shares were higher on Monday after the company disclosed plans to raise between $45 billion and $50 billion in funding as it accelerates investment in cloud infrastructure designed to support ...