(Bloomberg) — Oracle (ORCL) Corp.’s aggressive artificial intelligence spending plan has put the cloud computing giant’s corporate bonds under a harsh spotlight as Wall Street searches for cracks in ...
Oracle's stock experienced a significant drop after reporting quarterly results that missed revenue expectations, largely due to substantial spending on data centers for AI customers like OpenAI. The ...
NEW YORK, Dec 12 (Reuters) - 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 ...
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 ...
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.
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 ...
Risk assets are under pressure Thursday despite the Fed's rate cut, with Oracle's earnings miss piling on alongside the central bank's hawkish guidance. Bitcoin BTC $87,920.16, the leading ...
Using the 2 Stage Free Cash Flow to Equity, Oracle fair value estimate is US$210 Current share price of US$205 suggests Oracle is potentially trading close to its fair value Analyst price target for ...
It seems losing to Shedeur Sanders in his first NFL start with the Cleveland Browns was the final straw in Las Vegas. Mere hours after the game, the Las Vegas Raiders fired offensive coordinator Chip ...
With its fairly solid critical reaction and big box office numbers, Wicked has successfully stuck the landing – and entered the pantheon of stage-to-screen adaptations that have cut through to the ...