Oracle shares fell 2% on February 2 following the company’s announcement that it planned to raise upwards of $50 billion in 2026. That spike came after Oracle reported a 359% increase in its remaining ...
Oracle and OpenAI have aimed to build $500 billion of data centers by the end of the decade to power their artificial intelligence ambitions. But the massive initiative, called Stargate, may be ...
Oracle could cut up to 30,000 jobs and sell health tech unit Cerner to ease its AI datacenter financing challenges, investment banker TD Cown has claimed, amid changing sentiment on Big Red's massive ...
Oracle's Larry Ellison believes the AI race is becoming a commodity due to shared internet data. He argues the future lies in leveraging private enterprise data, a move Oracle is heavily investing in ...
Oracle’s stock has declined in recent months while the cost to insure its debt against default has risen, causing some potential investors to question whether the initial terms for the project can be ...
Build Canada Homes held its first webinar on Jan. 8, for the Atlantic Canada region. A B.C.-centric webinar is scheduled for Thursday, Jan. 29 with registration required.Chung Chow, BIV Build Canada ...
Investing.com - Morgan Stanley has raised concerns that market consensus is significantly underestimating Oracle Corporation’s (NYSE:ORCL) investment requirements needed to fulfill its massive backlog ...
Oracle shares fell premarket after the cloud-services giant announced plans to raise up to $50 billion this year to fund its artificial-intelligence infrastructure buildout. Shares declined more than ...
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.
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