Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...

WASHINGTON, Jan 27 : Oracle said on Tuesday that issues faced by U.S. users of social media app TikTok are the result of a temporary weather-related power outage at an Oracle data center. "Over the ...

NEW YORK, Dec 12 : The red-hot trade backing artificial intelligence-related stocks has taken a bruising from a disappointing report from Oracle, reigniting concerns about frothy valuations and an AI ...

Short-dated Treasuries rally as Fed promises T-bill buying LONDON, Dec 11 (Reuters) - World stocks stalled on Thursday as cloud computing giant Oracle sounded a warning for AI profitability, while ...

Bitcoin slipped below $90,000 as traders treated the Fed’s rate cut as a sell the news event, unwinding optimism that had been priced in ahead of the decision. Oracle shares fall 12% on earnings and ...

LONDON, Dec 11 (Reuters) - World stocks stalled on Thursday as cloud computing giant Oracle sounded a warning for AI profitability, while bonds were firm and the dollar nursed losses after the U.S.

Simply sign up to the Technology sector myFT Digest -- delivered directly to your inbox. It’s too soon to be talking about the Curse of OpenAI, but we’re going to anyway. Since September 10, when ...

NASHVILLE, Tenn. (WTVF) — Oracle's massive Nashville campus on the East Bank is finally approaching the construction phase, four years after the tech giant first announced plans to build in Music City ...

U.S. stocks took a breather after record highs as investors locked in profits amid government shutdown uncertainty. Tech weakness led the drop, with Tesla and Oracle sparking a sector-wide cooldown ...

Oracle’s 5% drop on weak cloud margins pressured the Nasdaq and put the S&P 500’s eight-day rally at risk. Reports that Oracle is losing money on Nvidia chip deals spooked traders and cooled AI market ...

Pre-market S&P 500 futures fall 0.3% as Nvidia and Oracle losses weigh on tech sentiment for a third straight session. Intel jumps nearly 4% premarket after reports of early-stage investment talks ...

OpenAI signed a contract with Oracle ORCL-2.29%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...