This article first appeared on GuruFocus. Oracle-led buyers have set in motion TikTok's long-delayed separation from ByteDance after the company signed binding agreements to form a new US joint ...
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 ...
US stocks fell on Wednesday as investors weighed what the latest data means for the Fed's interest rate policy, with tech stocks under pressure as Oracle (ORCL) slid. AI trade worries rattled tech ...
SALINE TWP., MI — A Saline Township resident has filed a legal motion to intervene in a court case in order to stop a massive 2.2-million-square-foot hyperscale data center from being constructed ...
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 ...
In the energy sector, Russia’s revenues from exports of crude oil and refined products has fallen to its lowest level since the invasion of Ukraine in 2022. The International Energy Agency has ...
US stocks opened mixed on Thursday, with a 15% tumble for Oracle (ORCL) which put more tech-exposed gauges under pressure after its earnings reignited AI bubble fears. The FTSE 100 (^FTSE) and ...
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 ...
The ASX 200 index closed up 0.2 per cent at 8592 points, trimming its rise to a four-week high of 8592 as disapointing results from Oracle hit US futures.