Oracle’s stock dropped another 5% on Wednesday after reports that a major investor pulled out of a $10 billion data center deal over concerns about the company’s debt. It was the latest blow in a ...
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 (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 ...
U.S. tech and AI-related stocks were falling in premarket trading Thursday as investors responded to Oracle's consensus misses for both earnings and AI spending. Though Oracle's losses are deeper ...
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 has released an emergency update to address a critical security flaw in its E-Business Suite software that it said has been exploited in the recent wave of Cl0p data theft attacks. The ...
WASHINGTON (AP) — Tech giant Oracle will spearhead U.S. oversight of the algorithm and security underlying TikTok’s popular video platform under the terms of a deal laid out this week by President ...
Taiwan’s first female aboriginal director Laha Mebow is presenting her upcoming feature “The Skull Oracle,” a dark intergenerational story about women of the Tayal indigenous people, at Busan’s Asian ...
World’s first live uranium spot pricing oracle launches on price.uranium.io, updating prices every 60 seconds The oracle addresses opacity in uranium markets by aggregating data from multiple sources ...
Oracle’s first and most well-known product is its “Oracle Database” management system. The Oracle Database is akin to a storage and control center for companies, aggregating massive quantities of ...
Shares in Oracle soared Wednesday after a blowout quarter in which the tech company won hundreds of billions of dollars of future artificial-intelligence-related business. Shares jumped by as much as ...
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