ORACLE — Standing side by side in the midday sun, two women sort through a box filled with peanut butter, bread, rice and all kinds of canned goods. “Here’s some cat food,” Elvia Schwenke says. “Oh, ...

In recent months, Oracle has doubled down on AI-focused cloud infrastructure, ramping capital spending, expanding data centers, and deepening ties with major AI customers like OpenAI, Meta, Nvidia, ...

Oracle's stock has tumbled 30% so far this quarter, headed for its steepest drop since the third quarter of 2001, when it slid almost 34%. Investors have grown skeptical about Oracle's ability to open ...

Oracle’s ORCL relationship with OpenAI has become a never-ending source of market angst, as the tie-in reminds many of questionable vendor-financing practices from the late 1990s. Tied to Oracle’s ...

Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue Owl Capital, after a report of stalled negotiations with the crucial partner ...

Oracle Corp. said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center ...

In practical terms, markets are now priced in a very low probability of another Fed cut in January unless labor market conditions deteriorate materially. Sentiment around artificial intelligence ...

[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 ...

Tech giant Oracle (ORCL 5.17%) has racked up remaining performance obligations, which represent future revenue expected to be generated from signed contracts, totaling $523 billion. The company added ...

[NEW YORK] Oracle posted disappointing cloud revenue, suggesting it will take longer than expected for the company’s recent huge artificial intelligence (AI) bookings to pay off. Fiscal second-quarter ...