Oracle ORCL0.88%increase; green up pointing triangle shares fell sharply on Thursday, a stark display of investors’ concerns about tech companies overspending on artificial-intelligence infrastructure ...
Oracle's latest analyst consensus price target has edged down, moving from $344.04 to $342.28. This cautious revision comes amid evolving views on the company’s prospects, shaped by both bullish and ...
Weaker-than-forecast quarterly data for Larry Ellison’s tech company shows slowdown in revenue growth and big rise in spending Business live – latest updates Oracle’s shares tumbled 15% on Thursday in ...
Oracle’s credit default swaps hit a three-year high in November, surging toward the 2008 record as borrowing costs to insure against company default spike. The tech giant borrowed more than $56 ...
Shares in the technology company are down as investors grow anxious that its bet on artificial intelligence, and OpenAI in particular, may not pay off. By Andrew Ross Sorkin Bernhard Warner Sarah ...
[NEW YORK] Oracle shares fell the most in more than 24 years after the company reported a jump in spending on AI data centres and other equipment, rising outlays that are taking longer to translate ...
The red-hot trade backing artificial intelligence-related stocks has taken a bruising from back-to-back troubling updates from Oracle and Broadcom, reigniting concerns about frothy valuations and an ...
Türkiye is on its way to creating its own sovereign artificial intelligence (AI) infrastructure to meet the needs of domestic companies without any foreign dependence. Mehmet Uner, strategy advisor at ...
Artificial intelligence is increasingly emerging as a key wedge issue — not between the major political parties, but within them. On the right, MAGA populists and influencers are warning about the ...
TikTok's owner has signed a deal to sell a portion of its US assets to a consortium of investors. Oracle, Silver Lake, and MGX will own 45% of the new joint venture. ByteDance, TikTok's parent company ...