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 ...
Oracle denies delaying OpenAI data centers to 2028 due to shortages Investors worried about Oracle's debt-fueled AI infrastructure buildout Market sensitive to AI delays, scrutinizing spending payoffs ...
Oracle (ORCL) shares erased some losses on Friday after the company pushed back on a report that it was delaying some data centers tied to OpenAI (OPENAI). Oracle initially declined to comment on 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 $2.26 EPS beat relied on a $2.7B one-time gain. Core earnings missed at $1.33 versus $1.64 expected. CapEx guidance jumped $15B to $50B for fiscal 2026. Free cash flow burned $10B for the ...
A measure of Oracle Corp.’s credit risk climbed on Wednesday after the database company posted a jump in spending on data centers and other equipment, raising fresh doubts about how quickly it can ...
Shares of Oracle traded as low as $186.23 this morning, but have rebounded to $198 in late trading. That’s an improvement, but is still an 11% drop from yesterday’s close. Overall, Oracle led to a ...
Oracle ORCL1.10%increase; green up pointing triangle has never given up gains this big, this fast. Investors nervous about the scale of capital that technology companies are plowing into ...
Oracle Health now reports to Mike Sicilia, co-CEO of Oracle, Bloomberg reported Nov. 11. According to organizational charts cited by Bloomberg, Mr. Sicilia has assumed oversight of Oracle Health. This ...
Nov 7 (Reuters) - A consortium of around 20 banks is providing a project finance loan of about $18 billion to support the construction of a data center campus linked to Oracle in New Mexico, Bloomberg ...
Some residents had to be evacuated early Thursday after gusty winds caused a large tree to fall on an apartment building in Ridgefield, according to a report. Video from WABC-7 shows the tree struck ...