Oracle doubles 2026 capital spending to $50B, but rising debt and AI reliance pose risks. Learn how these shifts could impact ...
Oracle's cloud revenue growth may be cooling Oracle's adjusted profit boosted by $2.7 billion Ampere sale Oracle's future contracts rise 14.94% to $523 billion Shares fall 10% in extended trading Dec ...
Shares in Oracle opened almost 12% lower in Frankfurt trade today, tracking US after hour losses after the company forecast sales and profit that missed analyst estimates. Oracle said spending would ...
(Bloomberg) --Oracle Corp. shares plunged the most in almost 11 months after the company escalated its spending on AI data centers and other equipment, rising outlays that are taking longer to ...
Dec 10 (Reuters) - Oracle forecast sales and profit that missed analyst estimates on Wednesday, while saying that spending would rise by $15 billion compared with earlier estimates - a sign that big ...
Fresh concerns about data-center funding weighed down Oracle’s stock on Wednesday, but the selloff is looking overdone to some on Wall Street. Oracle shares fell 5.4% on Wednesday after the Financial ...
Oracle took another hit after word spread that several data centers tied to its massive OpenAI contract will now finish in 2028, not 2027. Reportedly, the change came from labor shortages and limits ...
DTE must commit the data center for ChatGPT creator OpenAI and tech firm Oracle in Saline Township won’t burden other ...
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for ...
SALINE TWP., MI — A Saline Township resident has filed a legal motion to intervene in a court case in order to stop a massive 2.2-million-square-foot hyperscale data center from being constructed ...
Despite criticism that they were acting too fast, state utility regulators on Thursday approved DTE Energy’s proposal to supply power for Michigan’s first hyperscale data center — while tacking on a ...
Jennifer Simonson is a business journalist with a decade of experience covering entrepreneurship and small business. Drawing on her background as a founder of multiple startups, she writes for Forbes ...