Oracle faces rising debt, cash flow deficits, and an S&P downgrade as it shifts to AI infrastructure. Click here to read an ...
Oracle's cloud backlog is surging past $664 billion while free cash flow sits deep in negative territory, and the CFO refused ...
Oracle shares have shed half their value while the company quietly signed a backlog so large it dwarfs what most investors think the business is worth. Here is why the selloff looks less like a ...
The company is supposed to be the primary tenant for a massive data center in New Mexico currently under construction. Oracle sent a force majeure notice to Blue Owl Capital, the company that owns the ...
Oracle Corp. is moving to shield itself from racking up expenses on a massive data center being built in New Mexico, adding a fresh wrinkle to a project beset by opposition and regulatory setbacks.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle has guaranteed payouts to investors on a massive New Mexico data centre even if it fails to secure ...
Larry Ellison’s disclosure last week that he planned to sell $7.5 billion in Oracle stock got tongues wagging across Silicon Valley and Hollywood – but what really sparked chatter was the quick ...
For Oracle employees who have just lost their jobs, the first question may not be about what comes next in the artificial intelligence boom. It may simply be: How long will my severance last? Oracle ...
Oracle's results surpassed consensus on the top and bottom lines. Revenue growth came in at about 30% for the fiscal first quarter and could accelerate this period. In this article Oracle shares moved ...
(NEXSTAR) – Keep an eye on your bank account, Venmo and Zelle the next few weeks. Money could be coming your way from a privacy class action settlement that “hundreds of millions” may have qualified ...
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LONDON, Aug 4 (Reuters) - Cloud computing giant Oracle Corp is on the cusp of a junk-grade credit rating and its shares have tanked as the artificial intelligence hyperscaler becomes the fall guy of ...
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