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.
Oracle remains a 'strong buy' despite a 39.7% stock decline, driven by robust cloud and software growth. ORCL's cloud infrastructure revenue surged from $2.43B to $4.08B, with management raising 2030 ...
LONDON, Dec 11 (Reuters) - The cost of insuring Oracle's debt against the risk of default ‌has shot up after its latest earnings reignited worries about ‌how much the broader corporate sector is ...
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 ...
Oracle is aggressively building out AI data centers, most notably for OpenAI under a massive multi-year deal The company's balance sheet is already loaded with debt, and more debt is being piled on to ...