The deal positions Snowflake to compete with Databricks in AI while giving OpenAI enterprise distribution beyond Microsoft’s ecosystem.

Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.

Currently down eight consecutive days; down 23.28% over this period --Longest losing streak since Jan. 21, 2022, when it fell for eight straight trading days --Worst eight-day stretch since the eight ...