Blackstone ( BX) is weighing a larger role in financing Oracle's ( ORCL) Michigan data center, including a possible debt ...
A recent article reports that an Oracle patent on a fast sorting method has expired, allowing open source databases to use it freely. Mark Callaghan, the inventor behind the sorting algorithm, shows ...
Delayed AI infrastructure projects, rising debt, and weaker-than-expected earnings are reviving dot-com-era fears on Wall Street. Reading time 2 minutes After spending a year making it clear that it ...
Blue Owl Capital (OWL) will not proceed with backing a planned $10B, 1-gigawatt Oracle (ORCL) data center in Michigan intended to serve OpenAI after negotiations stalled amid concerns over Oracle’s ...
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 quarterly earnings topped expectations, but revenue came up short. Investors have question whether the company’s artificial intelligence investments are justified. Oracle picked up ...
As we’ve been following, Oracle (Nasdaq: ORCL) reported Fiscal Q2 earnings after the bell and shares are down 5.6% as of 4:20 p.m. ET. Let’s look at some pros and cons from the quarter. RPO increased ...
Technology giant Oracle Corporation (NYSE: ORCL) could serve as a bellwether for multiple sectors like big tech, AI, and cloud when the company reports second-quarter financial results on Wednesday ...
Oracle bonds take hit after reports of debt takeout Investors concerned over commitments to AI Others question depreciation accounting of AI buildout Nov 14 (Reuters) - Oracle bonds have taken a hit ...
Oracle Health now reports to Mike Sicilia, co-CEO of Oracle, Bloomberg reported Nov. 11. According to organizational charts cited by Bloomberg, Mr. Sicilia has assumed oversight of Oracle Health. This ...
Oracle expects its cloud infrastructure business to create $166 billion in revenue by fiscal year 2030, accounting for nearly three-quarters of its total sales, the company says. Reuters reported that ...
For years, Oracle has found itself solidly in the second tier of cloud providers, well behind the top three of Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform, which combined ...