Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more ...
Investors have also dumped Oracle bonds on worries about its debt-fueled AI build-out, while piling into credit-default swaps (CDS) that offer bondholders a hedge against default. CDS for the company, ...
Shares in Larry Ellison’s database company fell as much as 16 per cent on Thursday, before trimming its losses to close down ...
Did people complain – and by people, we mean Wall Street – as the world’s largest bookseller invested huge amounts of money ...
As Oracle pours billions into AI data centers, enterprises may face rising costs — but Oracle too is in a tight spot, which ...
Oracle Corporation stock tumbles amid high debt and risky AI investments. Click for this updated look at ORCL stock following ...
Market analysts are concerned about the AI bubble bursting, but Oracle’s latest earnings call shows it is still expanding ...
Larry Ellison dropped among the ranks of the world’s richest people on Thursday, falling to No. 3 as Oracle’s stock paced its worst single-day rout in nearly a year after the cloud services firm ...
Oracle (ORCL) is now offering Oracle Database@Google Cloud to customers in Canada. With the debut of the powerful multicloud service in Canada, ...
With relatively tepid growth, rising debt, an increasing cash burn rate, soaring capex and reliance on money-losing OpenAI, ...
Oracle co-CEOs Clay Magouyrk and Mike Sicilia weighed in on the cloud applications, infrastructure and multicloud businesses ...
Alphabet, Amazon, Meta, and Microsoft—and, more recently, Oracle have poured money into data centres crammed full of pricey ...
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