Oracle’s East Bank plans date back to before the pandemic, when Tennessee officials began recruiting the company. The state ...
Larry Ellison’s Oracle is stumbling into the end of the year with its shares taking a beating. The tech firm’s stock has plummeted 30% so far this quarter, CNBC noted Friday. Only four trading days ...
Wells Fargo expects Oracle stock to rally nearly 50% in 2026. Analyst Michael Turrin explains why in a research note to clients. ORCL shares are currently down nearly 40% versus their YTD high. Oracle ...
What To Know: The Financial Times reported on Wednesday that Blue Owl Capital (NYSE:OWL) , Oracle’s biggest data center partner, has decided not to support a $10 billion deal for its next planned data ...
While Oracle topped Wall Street's earnings expectations, it fell short of revenue targets, and its surging capital expenditures are making shareholders uneasy. Oracle reported mixed earnings on ...
Oracle Corp. shares plunged the most in almost 11 months after the company escalated its spending on AI data centers and other equipment, rising outlays that are taking longer to translate into cloud ...
Oracle Crashes 12 Percent as AI Spending Spree Triggers Bubble Fears Oracle Shares Plummet 40 Percent From September Peak Amid AI Bubble Fears Remember when Oracle CEO Larry Ellison briefly became the ...
Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.
Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...
Oracle stock slumped after it reported disappointing revenues on Wednesday alongside a $15 billion (€12.8 billion) increase in its planned spending on data centres this year to serve artificial ...
The cloud computing giant missed revenue expectations, as well as announcing an increase in its planned spending on AI data centres. Global markets failed to retain the momentum sparked by an interest ...