Oracle revealed plans to raise up to $50 billion in debt and equity to finance its massive data center commitments The company's 5-year credit default swaps fell 17% as the likelihood of a credit ...
Oracle’s remaining performance obligations surged to $523B. This represents roughly 8.5 times annual revenue. Oracle’s trailing free cash flow turned negative at $13B as capital expenditures soared ...
Co-founder and executive chair Larry Ellison owns more than 40% of Oracle stock, making him by far the largest dividend recipient. At current payout levels, that translates into billions in annual ...
Oracle and OpenAI have plans to build $500 billion of data centers in a venture called Stargate. JPMorgan Chase has seen slower investor interest for $38 billion of debt tied to two Stargate sites.
Michael Burry, the famed investor who has drawn attention in recent months for criticism of the artificial intelligence boom, is betting against Oracle Corp. Burry owns put options on Oracle shares, ...
Oracle (ORCL) stock dropped over 40% from its September peak of $877B valuation. Oracle’s $300B OpenAI contract assumes spending Oracle cannot guarantee. Oracle’s remaining performance obligations hit ...
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 ...
Delayed AI infrastructure projects, rising debt, and weaker-than-expected earnings are reviving dot-com-era fears on Wall Street. Reading time 2 minutes After spending a year making it clear that it ...
Oracle (ORCL) shares jumped more than 6% in pre-market trading to around $190 after Bloomberg reported that TikTok signed binding agreements to form a new U.S. joint venture led by Oracle, helping ...
(Bloomberg/Brody Ford and Rose Henderson) — Cloud-computing companies including Oracle Corp., Microsoft Corp. and Meta Platforms Inc. have committed to spend a combined $500 billion on data center ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results