Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...
‘We are the only applications company in the world that’s selling complete application suites,’ Oracle co-CEO Mike Sicilia says. Oracle co-CEO Clay Magouyrk sought to clarify how the vendor finances ...
Kara Greenberg is a senior news editor for Investopedia, where she does work writing, editing, and assigning daily markets and investing news. Prior to joining Investopedia, Kara was a researcher and ...
https://www.thehindubusinessline.com/portfolio/personal-finance/oracles-debt-trades-like-junk-as-bond-cds-spreads-flare/article70393355.ece Copy Oracle Corp.’s new ...
The cost of insuring Oracle's debt against the risk of default has shot up after its latest earnings reignited worries about how much the broader corporate sector is spending on AI and the borrowing ...
Oracle has some new deals with big AI names. That news wasn't enough to keep its stock from plummeting late Wednesday after the company released its quarterly results. The cloud infrastructure giant ...
Oracle’s new world headquarters in Nashville, Tenn., will cost $4.5 billion, the Nashville Business Journal reported. The price tag for the 80-acre project with 2.7 million square feet of building ...
Shares in the technology company are down as investors grow anxious that its bet on artificial intelligence, and OpenAI in particular, may not pay off. By Andrew Ross Sorkin Bernhard Warner Sarah ...
Northwest-side drivers are adding a new term to their vocabulary this week — the Michigan left. Over the last two days, Pima County started requiring drivers on West Ina Road to make what is also ...
Three months after Larry Ellison briefly became the world’s richest person, a historic slide in Oracle Corp. shares sent his net worth plunging by $24.9 billion. Oracle shares slumped by 11% Thursday ...
It’s slim pickings for new movies to watch this weekend, which is understandable since everyone’s still recovering from all those New Year’s Eve celebrations. Nevertheless, Watch With Us has managed ...
TikTok's owner has signed a deal to sell a portion of its US assets to a consortium of investors. Oracle, Silver Lake, and MGX will own 45% of the new joint venture. ByteDance, TikTok's parent company ...