Quick Read Oracle (ORCL) sits 56% below its 52-week high; Jefferies cut price target to $320 from $400 after shelving ...
The AI boom has produced plenty of big numbers and bold headlines—but few rival “Stargate,” the massive data center project ...
Oracle shares rose 8% in after-hours trading Tuesday after the firm raised its projected revenue for the fiscal year that starts in June by about 8% to $90 billion. The disclosure, which Oracle made ...
The OpenAI deal fallout exposes the fundamental danger of being the most leveraged player in a market where the chip cycle moves faster than the concrete dries.
Oracle is reportedly evaluating sweeping cost-cutting measures that could include tens of thousands of layoffs and the potential sale of key assets as the company grapples with the enormous financial ...
Oracle projects cloud infrastructure revenue will explode from $10 billion to $144 billion by 2030, outpacing AWS and Azure at comparable stages. The company's $455 billion backlog and ...
Oracle now expects 4,000 construction jobs and 1,500 permanent roles at its AI data center in Santa Teresa, amid local debate ...
Oracle and OpenAI have scrapped plans to expand their flagship Stargate data centre in Abilene, Texas, after months of failed ...
Oracle tightened its embrace of the Cloud Native Computing Foundation (CNCF), announcing a curated set of open source software plucked from CNCF’s menu of projects. The CNCF projects are part of what ...