Oracle’s $20 billion stock sale aims to fund its AI-driven cloud expansion, and this article examines what the move means for the company and whether investors should consider buying ORCL shares right ...
The cloud computing giant missed revenue expectations, as well as announcing an increase in its planned spending on AI data centres. Global markets failed to retain the momentum sparked by an interest ...
Oracle's stock is coming off its worst month since 2001 due to Wall Street's concern about the company's debt obligations tied to artificial intelligence. In the company's earnings report on Wednesday ...
While major technology peers from Microsoft to Amazon have recently regained their footing, Oracle shares continue their precipitous decline. The catalyst for the sell-off is a colossal, $300 billion ...
This article first appeared on GuruFocus. Oracle (NYSE:ORCL) is leaning deeper into the AI boom, even as Wall Street grows uneasy about how much the build-out could cost. A report from the Financial ...
An oracle is a person, usually possessing long-earned wisdom, that can share reliable information about the future. Oracle is a cloud-software company, now tied closely to the artificial intelligence ...
Oracle bonds take hit after reports of debt takeout Investors concerned over commitments to AI Others question depreciation accounting of AI buildout Nov 14 (Reuters) - Oracle bonds have taken a hit ...
American technology company Oracle was founded over 50 years ago and it has remained relatively quiet since the artificial intelligence (AI) bubble inflated and took off in 2022. That was until a ...
OpenAI signed a contract with Oracle ORCL0.65%increase; green up pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...
Investing.com -- S&P Global Ratings revised its outlook on Oracle Corp (NYSE:ORCL). to negative from stable on Wednesday, while affirming the company’s ’BBB’ long-term issuer credit rating. The rating ...