Fresh concerns about data-center funding weighed down Oracle’s stock on Wednesday, but the selloff is looking overdone to some on Wall Street. Christine Ji is a reporter covering Big Tech.
Oracle’s earnings report last week didn’t do much to soothe concerns about how the company will fund its artificial-intelligence investments. In fact, investor sentiment has taken a turn for the worse ...
After the third outage, it seems the store is back online. Here's hoping it sticks! Steam down on Christmas Eve as holiday traffic overwhelms the site. It's the ...
Oracle is building hundreds of data centers to meet demand for computing capacity from artificial intelligence developers. The company's order backlog is over $500 billion, but investors are worried ...
The Clop ransomware gang has stolen the data of nearly 3.5 million University of Phoenix (UoPX) students, staff, and suppliers after breaching the university's network in August. Headquartered in ...
Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer shed light on. Cramer discussed the company’s deal with OpenAI, as he commented: “Wall Street Journal is questioning Oracle for relying ...
Oracle stock has been struggling as investors worry about the growing debt to fund its AI buildout. However, an acceleration in Oracle's growth in the next fiscal year could alleviate those concerns.
Oracle (ORCL) dropped over 45% from its peak amid AI spending concerns. The company is leveraging up to meet compute demands from OpenAI and xAI. Oracle’s capex-intensive AI supercluster strategy ...
Under the new structure, Oracle will retain a 15% stake in the new TikTok U.S. entity, effectively establishing it as a dominant player in TikTok operations in the U.S. For investors, that matters ...