Oracle is aggressively building out AI data centers, most notably for OpenAI under a massive multi-year deal The company's balance sheet is already loaded with debt, and more debt is being piled on to ...

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 ...

Oracle was pressured prior to the analyst meeting as investors questioned the chip-renting business. Management came out swinging and even increased guidance for revenue growth from one month prior.

Oracle sees total revenue growing to $225 billion in fiscal 2030 Adjusted profit seen at $21 per share in 2030 vs $18.92 LSEG estimate Expects adjusted gross margins of 30-40% in AI cloud computing ...

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 ...

Oracle disclosed a 359% gain in its long-term performance obligations for its cloud unit. Subsequent reports revealed much of the gain came from OpenAI. Then a subsequent Nvidia agreement with OpenAI ...

Oracle Corporation is upgraded to a strong buy with 18% upside potential, driven by transformational cloud infrastructure growth and AI demand. ORCL's $300 billion OpenAI data center deal and surging ...

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 ...

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...

The funding covers more than half of the A.I. data centers that OpenAI plans to build in the U.S. over the next several years. By Cade Metz Reporting from San Francisco OpenAI has signed a deal with ...

Oracle’s ORCL remaining performance obligations for the first quarter increased 359% to $455 billion, primarily due to expanding relationships with large language model providers. Management also ...

Farming is the heart and soul of the cozy game Story of Seasons: Grand Bazaar. The adventure features a bustling weekly market with different relationships and friendships to nurture, but the ...