Oracle's shares plunged by 13%, triggering a tech selloff as concerns grew over the company's substantial spending and bleak forecasts on AI investments. With a $300 billion deal tied to OpenAI, ...

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.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Larry Ellison, executive chair and chief technology ...

U.S. stocks traded mixed this morning, with the Dow Jones index gaining more than 200 points on Thursday. Following the market opening Thursday, the Dow traded up 0.45% to 48,273.18 while the NASDAQ ...

NEW YORK (AP) — Most U.S. stocks are rising on Wall Street, but a big drop for Oracle is holding the market back as the tech giant contends with worries about whether its spending on ...

Shares of cloud computing giant Oracle plunged more than 10% in after-hours trading on Wednesday after the company’s revenues fell short of Wall Street expectations. The company reported revenue of ...

SoftBank shares slid nearly 8% after Oracle’s revenue and profit outlook disappointed. Oracle’s higher spending plan fuels doubts over AI infrastructure profitability. Concerns deepen around ...

Oracle stock drops 11% after revenue miss despite strong cloud growth and an earnings beat. Heavy cloud spending and rising debt raise profitability and credit-risk concerns. A $523 billion backlog ...

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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Oracle's $300 bln OpenAI contract raises revenue exposure concerns Its credit default swaps hit record highs amid heavy borrowing Stock has erased all the gains from a 36% jump in September Dec 9 ...