Oracle shares drop after dour forecast, higher capex AI-related stocks including Nvidia fall At least 13 brokerages slash PT on stock following results Dec 11 (Reuters) - Oracle (ORCL.N), opens new ...
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 ...
(Bloomberg/Brody Ford and Ian King) — Oracle Corp. shares fell the most in more than 24 years after the company reported a jump in spending on AI data centers and other equipment, rising outlays that ...
Oracle has plowed more than $20 billion into capital expenditure in the first half of its financial year, as the tech company rushes to build out data centers for artificial intelligence. Oracle said ...
Oracle (ORCL) shares fell 28% in the past month as AI infrastructure fears triggered a 40% peak-to-trough correction. Oracle holds a colossal cloud contract with OpenAI and stands to benefit directly ...
Oracle (ORCL) issued $18B in bonds and secured a $38B loan to fund AI expansion. Interest payments now consume roughly 20% of quarterly net income. Oracle shares dropped 42% from their September high ...
The cost to insure Oracle's debt against default — the 5-year credit-default swap — jumped this week to 125 basis points, the highest in three years, and analysts say it could surge toward 2008 crisis ...
What To Know: Deutsche Bank analyst Brad Zelnick reiterated his Buy rating on Oracle with a $375 price target on Wednesday. According to multiple reports, the analyst noted that if OpenAI‑related ...
Oracle's stock has plunged since hitting an all-time high in September as the company has become a poster child for growing investor concerns that an AI bubble has formed. The company is enmeshed in ...
New release delivers 18 JDK Enhancement Proposals to improve the Java language, expand its AI capabilities, and help developers accelerate productivity "As Java embarks on its fourth decade, it ...
Oracle has released Java 25 (Oracle JDK 25), the newest version of the language and platform that has been around for over three decades. The update brings thousands of improvements, many aimed at ...
Ellison's net worth second to Musk's amid Oracle's rise Oracle's shares outperform S&P 500 this year Oracle's AI cloud business drives stock surge Sept 11 (Reuters) - Oracle (ORCL.N), opens new tab ...