that came in well above projections. Financial guidance that came in short of estimates and increased spending on artificial-intelligence infrastructure look to be worrying investors.
For a few brief weeks in September and October, Oracle was on top of the artificial-intelligence revolution. The storied business-software and database company had a burgeoning $300 billion ...
WinStar Farm LLC, CHC Inc. and Cold Press Racing’s Tappan Street is ‘ready to run’ Friday at Gulfstream Park, where he is scheduled to make his first start since defeating Sovereignty in the ...
GREEN BAY, Wis. (AP) — The Green Bay Packers are unsure about the availability of either of their top two running backs for Sunday's game at Denver. Green Bay added Emanuel Wilson to its injury report ...
Oracle denies delaying OpenAI data centers to 2028 due to shortages Investors worried about Oracle's debt-fueled AI infrastructure buildout Market sensitive to AI delays, scrutinizing spending payoffs ...
Oracle (ORCL) shares erased some losses on Friday after the company pushed back on a report that it was delaying some data centers tied to OpenAI (OPENAI). Oracle initially declined to comment on the ...
Trading in Oracle Corporation (NYSE: ORCL) is volatile on Friday. This follows yesterday's drop of almost 11%. The selling was triggered by a disappointing earnings report. • Oracle stock is among ...
The 'Fast Money' traders talk report Oracle is delaying data centers. Political malpractice: Johnson faces bipartisan blowback for nixing ACA subsidies vote The Navy built this and barely anyone knows ...
It turns out infinite growth might not actually be possible. On Friday, Bloomberg reported that Oracle will be delaying some of its data center projects for OpenAI for at least a year due to labor and ...
Oracle has delayed the completion of some of the data centers it is developing for OpenAI to 2028 from 2027, according to a Bloomberg report. Oracle shares fell 5% Friday morning after already dipping ...
Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.
Oracle’s $2.26 EPS beat relied on a $2.7B one-time gain. Core earnings missed at $1.33 versus $1.64 expected. CapEx guidance jumped $15B to $50B for fiscal 2026. Free cash flow burned $10B for the ...