Shares in Oracle, one of the world’s largest computing infrastructure companies, fell by 29.4% in the month to 13 November, as concerns over the feasibility of artificial intelligence (AI) spending ...
When it comes to Oracle (ORCL 5.42%) stock, optimism surrounding its AI infrastructure has given way to deep worry. The stock spiked after Oracle announced a deal with OpenAI and a massive backlog, ...
Oracle, the tenant of the massive data center complex under construction in Santa Teresa, recently doubled the estimated number of jobs for Project Jupiter. Construction on the campus, which will ...
Oracle faces a class action lawsuit from bondholders claiming the company misled investors. Wall Street analysts slashed price targets across the board over AI spending. Microsoft's earnings didn't ...
Amid growing reports of a rift between OpenAI and Nvidia, cloud provider Oracle has sought to reassure investors of its strategic independence but without much success. Oracle’s stocks took a tumble ...
Oracle Corp. shares rebounded on Monday following the announcement that the company is planning to raise up to $50 billion this year through a combination of debt and equity sales. This capital will ...
The likelihood that Nvidia NVDA0.91%increase; green up pointing triangle will be investing far less than $100 billion in OpenAI raises big questions for Oracle ORCL-4.57%decrease; red down pointing ...
Oracle revealed plans to raise up to $50 billion in debt and equity to finance its massive data center commitments The company's 5-year credit default swaps fell 17% as the likelihood of a credit ...
Oracle, a US-based multinational, is mulling over laying off around 20,000 to 30,000 employees, which is approximately 10% of its workforce, CIO reported, citing investment bank TD Cowen. The plans of ...
Oracle’s remaining performance obligations surged to $523B. This represents roughly 8.5 times annual revenue. Oracle’s trailing free cash flow turned negative at $13B as capital expenditures soared ...
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 ...
On Sunday, Oracle said it plans to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure. "Oracle is raising money in order to build additional capacity to ...
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