Oracle was sued on Wednesday by bondholders ​who say they suffered losses because the company ‌chaired by billionaire Larry Ellison failed to disclose it needed to sell significant additional debt to ...
Oracle's Cloud revenues surged 34% YoY, with Oracle Cloud Infrastructure up 68%, and RPOs soared 438% to $523B. Check out ...
Oracle (ORCL) is back in the spotlight as it doubles down on AI data center spending tied to OpenAI, a strategy that boosts its long term growth story but sharpens questions around debt and ...
Oracle (NYSE: ORCL) missed revenue expectations and pushed out key data center timelines to 2028, triggering a broad reassessment of near-term AI infrastructure returns. Massive capital requirements, ...
Oracle founder Larry Ellison distinguished between two AI model types: those requiring real-time, low-latency decisions for applications like self-driving cars and robotics, and those where delays are ...
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 ...
NEW YORK, Dec 11 (Reuters) - Major stock indexes mostly rose on Thursday, with the Dow and S&P 500 posting record closing highs, while the dollar and U.S. bond yields extended declines from the day ...
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 ...
World stocks stalled on Thursday as cloud computing giant Oracle sounded a warning for ‍AI profitability, while bonds were firm ‍and the dollar nursed losses after the U.S. Federal Reserve cut ...
Oracle dropped 10.8% and had briefly been on track earlier in the day for its worst loss since 2001, when the dot-com bubble was still deflating. Doubts remain about whether all the spending that ...
Months after Oracle Corp. triggered a market frenzy with a record contract backlog exceeding $400 billion, investor sentiment has cooled. Wall Street is now weighing the risks of the company’s ...