(Bloomberg) --Oracle Corp. shares have fallen more than 50% from last year’s all-time high as investors concerned about the artificial intelligence trade and the company’s links to OpenAI flee the ...
It has been a long wait. When President William Ruto stood next to Oracle executives in early 2024 to announce a public cloud region for Kenya, the timeline was vague. But today, the blueprint is ...
NEW YORK, Dec 12 (Reuters) - The red-hot trade backing artificial intelligence-related stocks has taken a bruising from back-to-back troubling updates from Oracle and Broadcom, reigniting concerns ...
Call it the "Oracle Effect." Broadcom (AVGO) reported strong fiscal fourth-quarter earnings after the market closed yesterday, but the stock is falling 5% in premarket trading this morning as ...
Oracle’s quarterly earnings topped expectations, but revenue came up short. Investors have question whether the company’s artificial intelligence investments are justified. Oracle picked up ...
Oracle's $300 billion AI infrastructure deal with OpenAI has raised concerns about the company's debt. Oracle will need to borrow heavily to build AI data centers, and OpenAI's ability to pay is an ...
Toyota Tacoma owners with $800-$900 to spare and a desire to have the latest and greatest on their trucks will soon be able to invest in what's actually a pretty cool innovation from Oracle Lighting.
Oracle has announced a major expansion of the Oracle Cloud Abu Dhabi Region with the deployment of the first Oracle Cloud Infrastructure Supercluster powered by NVIDIA Blackwell GPUs in the Middle ...
Oracle's stock has plunged since hitting an all-time high in September as the company has become a poster child for growing investor concerns that an AI bubble has formed. The company is enmeshed in ...
Oracle has lost $315 billion in market value since announcing its $300 billion deal with OpenAI. The company is heavily in debt and relying on OpenAI for future revenue despite no guaranteed returns.
Since Oracle (ORCL) announced a $300B deal with OpenAI on September 10th, the company’s stock has shed $374B in market value, Bryce Elder of The Financial Times reports. Meanwhile, equivalents to ...