Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
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SALINE TWP., MI — A Saline Township resident has filed a legal motion to intervene in a court case in order to stop a massive 2.2-million-square-foot hyperscale data center from being constructed ...
Oracle has plowed more than $20 billion into capital expenditure in the first half of its financial year, as the tech company rushes to build out data centers for artificial intelligence. Oracle said ...
U.S. tech and AI-related stocks were falling in premarket trading Thursday as investors responded to Oracle's consensus misses for both earnings and AI spending. Though Oracle's losses are deeper ...
Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...
Oracle (Nasdaq: ORCL) shares were trading for roughly $207 per share before the company’s earnings call, but selling accelerated during the call, and shares are now trading for about $194. A few notes ...
Oracle shares are diving 11% after the database company delivered mixed results and rattled investors with news of a planned $15 billion increase in spending on data centers. Planet Labs stock is ...
Oracle’s cloud RPO hit $455B last quarter, up 359% year over year. The company expects FY26 CapEx of $35B to build GPU clusters for AI infrastructure. Multi-cloud database revenue grew 1,529% as ...
SALINE, MI — More than 100 Saline area residents braved the cold Monday evening Dec. 1 to protest a $7 billion hyperscale data center project in Saline Township and DTE Energy’s plan to power the ...
Oracle reported first-quarter financial results in September with revenue and earnings per share missing analyst estimates. Guidance from the company sent shares higher, with Oracle one of the ...
Here are the biggest calls on Wall Street on Tuesday: KeyBanc reiterates Vistra Energy as buy Key says it's bullish on the power generation company. "We are initiating coverage on Vistra Corp. (VST) ...