Oracle, private equity firm Silver Lake, and Abu Dhabi-based investment company MGX each hold 15% equity stakes in the joint venture and will serve as its managing investors. A slew of nonmanaging ...
Shares of Oracle ( ORCL 2.08%) dropped Thursday morning, falling as much as 6.5%. As of 1:48 a.m. ET, the stock was still ...
Oracle stock slid after a report that Blue Owl Capital won't back a $10 billion data center for OpenAI. The cloud company later said that the project remains "on schedule" but that Blue Owl was out of ...
For a few brief weeks in September and October, Oracle was on top of the artificial-intelligence revolution. The storied business-software and database company had a burgeoning $300 billion ...
Monday - Friday, 6:00 - 7:00 PM ET CNBC's Jim Cramer on Tuesday opined on massive AI spending that has hurt tech stocks. He proposed that action from Oracle could slow down other hyperscalers' ...
Credit default swaps are derivatives that function like insurance on bonds, paying out if a borrower fails to meet its debt obligations. Rising CDS spreads signal that investors see higher risk.
Oracle shares weighed on the tech-heavy Nasdaq composite, but the Dow industrials and S&P 500 rallied to new records. The enthusiasm in the broader stock market extended a move from Wednesday that ...
NEW YORK (AP) — Wall Street set records on Thursday, even as a sell-off for Oracle and worries about a potential bubble in artificial-intelligence technology weighed on the market. The S&P 500 inched ...
Oracle shares slid after the cloud-computing company's earnings reignited worries about aggressive spending on data centers. Quarterly capital expenditure overshot expectations by more than 40%. The ...
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