Oracle is preparing to raise about $50 billion during 2026 as it accelerates spending on data centres, specialised chips and network capacity to meet a sharp rise in demand for artificial-intelligence ...

Nvidia and Oracle are at the center of OpenAI’s trillion-dollar web of financing, but recent developments at the two companies may be sending cautious signals about the health of the ...

Oracle is reportedly preparing to cut between 20,000 and 30,000 jobs and could even sell its healthcare software unit, Cerner, as rising borrowing costs and a funding crunch threaten its massive AI ...

The site will create as many as 1,500 permanent jobs at the data centre or in the county after construction is complete, double the previous forecast, Oracle said Friday in a statement. It “will ...

Larry Ellison’s Oracle is stumbling into the end of the year with its shares taking a beating. The tech firm’s stock has plummeted 30% so far this quarter, CNBC noted Friday. Only four trading days ...

TikTok's parent company, ByteDance, has agreed to sell a majority stake in its U.S. operations to avoid a national ban. A new joint venture will be formed with investors Oracle, Silver Lake, and MGX, ...

TikTok has signed a deal to spin-off its U.S. operations to a group controlled by mostly American investors, including software giant Oracle, a company run by billionaire Trump ally Larry Ellison.

Indexes: Dow rises 1.34%, S&P 500 adds 0.21%, Nasdaq falls 0.25% Oracle update drags down some tech, AI stocks Value outperforms growth, small outperforms large Dec 11 (Reuters) - The S&P 500 and the ...

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Oracle’s $2.26 EPS beat relied on a $2.7B one-time gain. Core earnings missed at $1.33 versus $1.64 expected. CapEx guidance jumped $15B to $50B for fiscal 2026. Free cash flow burned $10B for the ...

The S&P 500 slipped while the Nasdaq 100 fell more than one per cent, the biggest drop for the tech-heavy gauge since late November. Oracle, viewed as a bellwether of the AI investment boom, sank as ...