Oracle (NYSE:ORCL) shares are making a strong comeback today, shaking off ongoing worries about the company’s hefty spending, climbing debt, and the risks of its all-in bet on artificial intelligence ...
Oracle climbed 9% and Microsoft gained 3%. Nvidia and Meta each added more than 2%. Alphabet inched higher. Amazon shares ...
For years TikTok felt untouchable, the default stage for viral culture and a fixture on hundreds of millions of phones. Now a ...
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With the new deal, US user data will be stored locally in a system run by Oracle, a move aimed at addressing long-standing fears related to TikTok.
Oracle is planning to build its new world headquarters on a 70-acre riverfront property in downtown Nashville. There is no firm timeline for the project's construction or opening. The campus plans ...
Larry Ellison’s Oracle is stumbling into the end of the year with its shares taking a beating. The tech firm’s stock has plummeted 30% so far this quarter, CNBC noted Friday. Only four trading days ...
The Financial Times reported that Blue Owl Capital, a seasoned investor in Oracle’s ORCL data center projects, is backing off from the company’s latest $10 billion buildout in Michigan. Why it matters ...
What To Know: The Financial Times reported on Wednesday that Blue Owl Capital (NYSE:OWL) , Oracle’s biggest data center partner, has decided not to support a $10 billion deal for its next planned data ...
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
Did people complain – and by people, we mean Wall Street – as the world’s largest bookseller invested huge amounts of money to transform itself into an alternative to driving to Wal-Mart? Or, better ...
Oracle (ORCL) issued $18B in bonds and secured a $38B loan to fund AI expansion. Interest payments now consume roughly 20% of quarterly net income. Oracle shares dropped 42% from their September high ...