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 ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The shares surged 85% from April lows, hitting an ...
Oracle (ORCL) issued $18B in bonds and secured a $38B loan to fund AI expansion. Interest payments now consume roughly 20% of quarterly net income. Oracle shares dropped 42% from their September high ...
What To Know: Deutsche Bank analyst Brad Zelnick reiterated his Buy rating on Oracle with a $375 price target on Wednesday. According to multiple reports, the analyst noted that if OpenAI‑related ...
Oracle's $300 billion AI infrastructure deal with OpenAI has raised concerns about the company's debt. Oracle will need to borrow heavily to build AI data centers, and OpenAI's ability to pay is an ...
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 ...
Bottom line: A key measure of credit risk linked to Oracle has climbed to its highest level in three years, and Wall Street analysts warn that pressure is likely to intensify next year unless the ...
The ACCC has blocked Insurance Australia Group's proposed acquisition of RAC Insurance, citing reduced competition. The ACCC blocked IAG’s proposed takeover of RAC Insurance, citing concerns over ...
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 ...
Oracle (NYSE:ORCL) stock ignited investor enthusiasm starting in late April, fueled by Wall Street upgrades and optimism around its AI pivot. Momentum exploded with the June announcement of 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 ...
OracleORCL is set to report fiscal second-quarter results this afternoon — a big test for a stock that has become a central player in the AI megatrend. Shares of the enterprise tech giant have closed ...