Oracle (ORCL) shares jumped more than 6% in pre-market trading to around $190 after Bloomberg reported that TikTok signed binding agreements to form a new U.S. joint venture led by Oracle, helping ...
Risk assets are under pressure Thursday despite the Fed's rate cut, with Oracle's earnings miss piling on alongside the central bank's hawkish guidance. Bitcoin BTC $93,601.76, the leading ...
RUNNING A GIANT software business used to be fun. Sure, coming up with a great product was a grind. But once you had one that customers could not live without—be it Microsoft Office, Amazon.com, ...
Three months ago, Oracle Corp.’s scorching earnings outlook sent the shares soaring to their best day in three decades. But a quarter later, things look very different for the database software maker ...
Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.
Oracle's $300 bln OpenAI contract raises revenue exposure concerns Its credit default swaps hit record highs amid heavy borrowing Stock has erased all the gains from a 36% jump in September Dec 9 ...
Weaker-than-forecast quarterly data for Larry Ellison’s tech company shows slowdown in revenue growth and big rise in spending Business live – latest updates Oracle’s shares tumbled 15% on Thursday in ...
There was a lot riding on Oracle’s Q2 FY26 earnings report following growing concern about an AI bubble burst and the firm’s supposed over-dependence on spending commitments from OpenAI. If Oracle was ...
LONDON, Dec 11 (Reuters) - The cost of insuring Oracle debt against default surged on Thursday to its highest in at least five years, after the company's results missed forecasts, reigniting ...
Shares of cloud computing giant Oracle plunged on Thursday, after weaker-than-expected revenues stoked concerns about returns from massive spending on artificial intelligence. The company's shares ...
Dec 11 (Reuters) - Oracle shares sank 13% on Thursday, sparking a tech selloff as the company's massive spending and weak forecasts fanned doubts over how quickly the big bets on AI will pay off.
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