Oracle (ORCL) closed down 3.8% on Friday following news the natural gas pipeline project that would supply power generation systems for the company's planned $165B Project Jupiter data center in New ...
Oracle is doing what nearly every other major tech company is doing right now -- accelerating its spending on artificial intelligence data centers. But shareholders weren't happy when management said ...
Oracle will supply on-premises software to the U.S. Department of Defense over 10 years in a contract worth up to $7 billion. The company's software is common inside large companies, but the business ...
WASHINGTON, July 23 (Reuters) - The Pentagon announced on Thursday a nearly $7 billion, up-to-10-year agreement with Oracle to consolidate the department's on-premises software licenses into ‌a single ...
S&P said Oracle's AI infrastructure business now carries much higher risks than its traditional software business because it requires massive upfront investments in data centres, chips and long-term ...
Risk is rising as big tech companies like Oracle — the ultimate financial source of the Ellison media empire — need to turn to the bond market for staggering sums to finance data centers. By Jeff ...
Oracle laid off ~13% of its staff to fund a $300B computing deal with OpenAI. Now, a credit downgrade and $7B in required power grid guarantees put the massive project in jeopardy. The global race for ...
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July 21 (Reuters) - Chinese authorities are considering tightening export controls on AI and semiconductor technologies, the Financial Times reported on Tuesday. The step reflects Beijing's push to ...
Oracle (ORCL) has fallen 35% YTD, but Guggenheim's John DiFucci maintains a $400 price target, calling it his top software pick for 2026. Microsoft (MSFT) is off 17% and Salesforce (CRM) down 34% YTD, ...
FOR decades, the world has linked rising population with pressure on resources. It is argued that food supplies will come under extreme strain if population growth is not controlled. As efforts to ...
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