Fresh concerns about data-center funding weighed down Oracle’s stock on Wednesday, but the selloff is looking overdone to some on Wall Street. Christine Ji is a reporter covering Big Tech.
Larry Ellison’s Oracle is stumbling into the end of the year with its shares taking a beating. The tech firm’s stock has plummeted 30% so far this quarter, CNBC noted Friday. Only four trading days ...
Oracle has pledged to do everything it can to preserve its investment-grade rating, as the cloud computing provider seeks to assuage increasing nervousness over the gargantuan amounts of debt it is ...
Michigan regulators unanimously approved a request from utility DTE Energy Co. to power a massive data center development planned by Oracle and OpenAI, during a contentious hearing where some members ...
The Chinese-owned video app formalized commitments from the software giant Oracle and two investment firms as part of a deal to keep operating in the United States. By Emmett Lindner TikTok’s chief ...
As tech companies push the stock market to record highs, fears of an artificial intelligence bubble continue to simmer on Wall Street, where even a slight earnings miss threatens to upend high-flying ...
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 ...
Kara Greenberg is a senior news editor for Investopedia, where she does work writing, editing, and assigning daily markets and investing news. Prior to joining Investopedia, Kara was a researcher and ...
Today, investors are waking up to red on their screens as many tech and AI stocks are dropping in premarket trading. But why are shares in these companies falling? Much of it has to do with the cloud ...
Oracle is looking beyond Nvidia for the chips it needs to power its AI datacenters. In what could be described as a warning shot to Jensen Huang's business, Oracle co-founder Larry Ellison said: "We ...
Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...
It’s a ground-up rethinking of what a headlight is. Oracle Lighting unveils revolutionary lensless headlights for the Toyota Tacoma. Modular Bi-LED pods increase maintenance ease, durability, and ...