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 stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...
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 Corporation (NYSE:ORCL) is one of the AI Stocks Making Headlines on Wall Street. On November 25, DA Davidson lowered its price target on the stock to $200.00 from $300.00 while maintaining a ...
Oracle's recent 30% share price drop mainly only erased irrational post-RPO announcement gains. ORCL's future growth is highly dependent on cloud infrastructure and concentrated OpenAI commitments, ...
Texas-based rapid-deployment power specialist VoltaGrid will deploy 2,300 MW of modular, ultra-low-emissions natural gas generation to support Oracle Cloud Infrastructure’s (OCI’s) artificial ...
Oct 14 (Reuters) - Oracle (ORCL.N), opens new tab will offer cloud services using Advanced Micro Devices' (AMD.O), opens new tab upcoming MI450 artificial intelligence chips, the companies said on ...
The latest version of the Oracle database comes with agent builders and MCP Server integration to help developers embed automation into their workflows. Oracle is doubling down its focus on agentic ...
2024: Exploited two Cleo file transfer zero-days (CVE-2024-50623 and CVE-2024-55956) to steal data and extort companies. Harvard is the first organization linked to the Oracle E-Business Suite ...
View post: Macy's is selling $250 diamond earrings for only $30 Oracle is unafraid when it comes to hedging big bets. The company is making a career out of reinventing itself on a large scale, often ...
WASHINGTON, Oct 9 (Reuters) - Google said on Thursday that there were likely to be more than 100 companies affected by an ambitious hacking campaign that targeted Oracle's (ORCL.N), opens new tab ...
Security researchers at Google say hackers targeting corporate executives with extortion emails have stolen data from “dozens of organizations,” one of the first signs that the hacking campaign may be ...
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