Oracle has plowed more than $20 billion into capital expenditure in the first half of its financial year, as the tech company rushes to build out data centers for artificial intelligence. Oracle said ...
Oracle stock fell 11% today, as investors fret over how much the company is spending to build out AI data centers for OpenAI and others. Oracle Chairman Larry Ellison, whose roughly 40% stake has made ...
The Dow and S&P 500 notched new records on Thursday as US stocks mostly rose, with tech stocks under more pressure after Oracle (ORCL) earnings revived AI overspending worries. But Wall Street's ...
Oracle (Nasdaq: ORCL) shares were trading for roughly $207 per share before the company’s earnings call, but selling accelerated during the call, and shares are now trading for about $194. A few notes ...
Oracle isn't the only company getting fresh scrutiny from investors for issuing a lot of debt as part of the artificial intelligence race. (Bloomberg Finance, Deutsche Bank Research) "Last night ...
A less pessimistic tone has crept into markets as the U.S. open approaches. With about two hours until the starting bell rings on Wall Street, S&P 500 futures have turned what at one point was a ...
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 ...
SALINE TWP., MI — DTE Energy officials still expect state regulators to approve special contracts for the utility to power what would be Michigan’s first hyperscale data center project in Saline ...
SALINE, MI — More than 100 Saline area residents braved the cold Monday evening Dec. 1 to protest a $7 billion hyperscale data center project in Saline Township and DTE Energy’s plan to power the ...
Oracle reported first-quarter financial results in September with revenue and earnings per share missing analyst estimates. Guidance from the company sent shares higher, with Oracle one of the ...