Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more ...
Yesterday we highlighted Oracle’s massive $455 billion cloud backlog and the question of whether infrastructure spending ...
Shares in Oracle opened almost 12% lower in Frankfurt, tracking U.S. afterhour losses after the company forecast sales and ...
Five years ago, Oracle began implementing the Microsoft cloud strategy: moving customers to cloud-based software and building ...
Oracle shares slumped 15.6 per cent on Thursday, dragging other technology stocks, as concerns mounted about the company’s ...
Only a handful of major companies have yet to report their results for the last quarter, and AI leader Oracle is one of them.
Oracle Corp. shares fell the most in more than 24 years after the company reported a jump in spending on AI data centers and ...
Oracle’s Q2 miss and heavy AI capex needs deepen market concerns as analysts flag financing risks and uncertainty around ...
Michael Landsberg, chief investment officer at Landsberg Bennett Private Wealth Management, joins BNN Bloomberg to provide an ...
Oracle raised its forecast for capital expenditure this financial year by more than 40 per cent to $50 billion. The outlay, ...
Oracle stock is down 13% today, on pace for one of its worst days in recent decades, as investors fret over how much the ...
Alphabet, Amazon, Meta, and Microsoft—and, more recently, Oracle have poured money into data centres crammed full of pricey ...
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