Oracle plans to raise between $45 billion and $50 billion this year as it looks to fund its huge bet on cloud computing to power artificial intelligence. About half of that will be in debt, which will ...
Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...
(Bloomberg) --Oracle Corp. shares have fallen more than 50% from last year’s all-time high as investors concerned about the artificial intelligence trade and the company’s links to OpenAI flee the ...
Washington — A year after a federal law that effectively mandated a nationwide ban on TikTok went into effect, the platform announced the formation of a new U.S.-based entity to comply with the ...
Credit default swaps are derivatives that function like insurance on bonds, paying out if a borrower fails to meet its debt obligations. Rising CDS spreads signal that investors see higher risk.
Enterprise software heavyweight Oracle is set to report earnings this afternoon. Last quarter, the company posted mixed results: revenue rose 12.2% year on year to $14.93 billion but came in 0.7% ...
Oracle's stock is coming off its worst month since 2001 due to Wall Street's concern about the company's debt obligations tied to artificial intelligence. In the company's earnings report 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 ...
A data-center group that is closely linked to Oracle and OpenAI’s Stargate effort could test the market’s willingness to provide the trillions needed to deliver artificial intelligence over the coming ...
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