Oracle’s stock dropped another 5% on Wednesday after reports that a major investor pulled out of a $10 billion data center deal over concerns about the company’s debt. It was the latest blow in a ...
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 ...
Oracle isn't the only company getting fresh scrutiny from investors for issuing a lot of debt as part of the artificial intelligence race. (Bloomberg Finance, Deutsche Bank Research) "Last night ...
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 TWP., MI — DTE Energy officials still expect state regulators to approve special contracts for the utility to power what would be Michigan’s first hyperscale data center project in Saline ...
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 ...
The bears have won out on Oracle’s stock lately, but one analyst thinks the powerful recent selloff just means more opportunity for buyers. Oracle ORCL has become a battleground stock in the months ...
Amid investors concerns about high spending and the impact to the company's financial health, the bear case on Oracle (ORCL) may actually be a “bullish” sign, Deutsche Bank said. “Relative to company ...
WILMINGTON, N.C. (WECT) - Iconic music group Earth, Wind, & Fire is set to perform in Wilmington next spring. The show is set for May 17 at Live Oak Bank Pavilion as part of the REEDS Jewelers Concert ...
SALINE TWP., MI — Saline Township officials got an earful from residents opposed to a massive $7 billion, 2.2 million-square-foot data center for tech giants like OpenAI and Oracle to use. Some ...
“Jimmy Kimmel Live!” is giving back by launching a donation center amid the ongoing government shutdown. The ABC late night show announced the new initiative Tuesday on Instagram, shortly after ...
The late night show has setup the "Jimmy Kimmel Live Big, Beautiful Food Bank" at the show’s Hollywood backlot. By Nicole Fell Assistant Editor Jimmy Kimmel Live! has created a food donation center in ...