Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure. Despite a stalled Nvidia deal, Oracle remains confident in OpenAI's funding ...
Oracle Corp. shares rebounded on Monday following the announcement that the company is planning to raise up to $50 billion this year through a combination of debt and equity sales. This capital will ...
Oracle Corporation features a $523B RPO backlog, robust cloud growth, and a $320 target price for the AI supercycle. See why ORCL stock is a strong buy.
Oracle Corp. plans to raise US$45 billion to US$50 billion this year through a combination of debt and equity sales to build additional cloud infrastructure capacity, reflecting the scale of financing ...
Oracle faces a class action lawsuit from bondholders claiming the company misled investors. Wall Street analysts slashed price targets across the board over AI spending. Microsoft's earnings didn't ...
Oracle cofounder Larry Ellison has now seen an unprecedented $50 billion wiped off his net worth in less than forty days this year, as per Bloomberg Billionaires Index. Ellison’s fortune stood at $199 ...
Oracle’s remaining performance obligations surged to $523B. This represents roughly 8.5 times annual revenue. Oracle’s trailing free cash flow turned negative at $13B as capital expenditures soared ...
Oracle and OpenAI have plans to build $500 billion of data centers in a venture called Stargate. JPMorgan Chase has seen slower investor interest for $38 billion of debt tied to two Stargate sites.
The TikTok deal is done and the US business is now officially known as "TikTok USDS Joint Venture LLC." Oracle will own a significant, but not controlling stake in the new TikTok JV. Oracle, alongside ...
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Oracle plans to raise about $45 billion to $50 billion ...
Jim Lebenthal, Chief Market Strategist at Cerity Partners, joins CNBC's "Halftime Report" to explain why he's buying more Oracle. Got a confidential news tip? We want to hear from you. Sign up for ...
Questions raised during the latest audit committee meeting at Birmingham City Council show continued concerns among councillors that its controversial Oracle project will fail to go live on time, as ...