Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
Hammered by the general software selloff and AI debt concerns, shares of Oracle have shed 22% over eight trading sessions ...
Investors allege Oracle misled them about AI infrastructure returns while top executives unloaded shares at inflated prices.
Oracle now expects 4,000 construction jobs and 1,500 permanent roles at its AI data center in Santa Teresa, amid local debate ...
Oracle stock continued to drop in January.
Oracle remains a high-risk, high-potential-reward artificial intelligence stock.
Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build ...
TikTok USA isn’t just (arguably) a tool of corporate power, it doesn’t seem to work as well as the old TikTok.
(Corrects paragraph 7 to reflect that Oracle was sued in January, not earlier this month) Feb 1 (Reuters) - Oracle expects to ...
Nvidia’s OpenAI pivot puts Oracle’s accounting in the spotlight.
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...