Shares of Oracle are down big from the all-time high they reached in August. Oracle's AI spending could be viewed as reckless or a bold bet worth taking. Optimists about Oracle's new direction should ...
TikTok has agreed to sell its U.S. operations to an investment group that includes Oracle, Silver Lake, and UAE-based company MGX, reports Axios. The "TikTok USDS Joint Venture LLC" that includes the ...
Abu Dhabi's state investment fund will also be a managing investor. By Alex Weprin Senior Editor The TikTok sale is officially happening, with a consortium of American investors set to take over U.S.
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 ...
Oracle might have an OpenAI problem. Oracle (ORCL) stock has tumbled over 40% from its September peak, erasing more than $360 billion from its market capitalization. Nearly $67 billion of that decline ...
Oracle (ORCL) stock fell nearly 11% Thursday after the tech firm's quarterly AI costs rose ahead of Wall Street's expectations and revenue fell short. Oracle reported capital expenditures of $12 ...
Amid fears that Oracle (ORCL) could raise as much as $100B in debt to fund its ambitious artificial intelligence endeavors, investment firm BNP Paribas believes the number is much smaller than that.
Oracle ORCL2.47%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 ...
When you’re working on your car or tackling home repairs, having the right tools in one place makes every job easier. There’s nothing more frustrating than not being able to find the right tool at the ...
Nato has announced it has chosen Oracle to secure battlefield communications. The organisation’s Cooperative Cyber Defence Centre of Excellence (CCDCOE) has selected Oracle and Druid Software to build ...