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Oracle shares fell 5% after bondholders sued over undisclosed AI-related borrowing plans
Oracle shares fell 5% in afternoon trading on the New York Stock Exchange after bondholders filed a lawsuit against Larry ...
Oracle was sued on Wednesday by bondholders who say they suffered losses because the company chaired by billionaire Larry ...
Oracle holds an impressive $523 billion backlog, and the management has raised its forecast for Oracle Cloud Infrastructure ...
Oracle's Cloud revenues surged 34% YoY, with Oracle Cloud Infrastructure up 68%, and RPOs soared 438% to $523B. Check out ...
Fresh concerns about data-center funding weighed down Oracle’s stock on Wednesday, but the selloff is looking overdone to some on Wall Street. Christine Ji is a reporter covering Big Tech.
The tech sector sold off as investors took in a report that Oracle's $10B data center for OpenAI is in jeopardy. Sources told the FT that talks to build the data center have stalled due to concerns ...
Investing.com -- The S&P 500 closed lower Wednesday, extending its recent decline as slide in Oracle and Nvidia soured investor sentiment on the AI trade. At 4:00 p.m. ET, the Dow Jones Industrial ...
Investing.com -- The S&P 500 closed lower Wednesday, extending its recent decline as slide in Oracle and Nvidia soured investor sentiment on the AI trade. Shares of tech giant Oracle Corporation (NYSE ...
Dec 12 : Oracle denied on Friday a media report that it was delaying OpenAI-related data centers, following investor worries over its debt-fueled AI infrastructure buildout. Bloomberg News had earlier ...
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