Oracle (NYSE:ORCL) shares are making a strong comeback today, shaking off ongoing worries about the company’s hefty spending, climbing debt, and the risks of its all-in bet on artificial intelligence ...
(Bloomberg) --Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build additional cloud infrastructure capacity, reflecting the scale of ...
Oracle and OpenAI have plans to build $500 billion of data centers in a venture called Stargate. JPMorgan Chase has seen slower investor interest for $38 billion of debt tied to two Stargate sites.
The TikTok deal is done and the US business is now officially known as "TikTok USDS Joint Venture LLC." Oracle will own a significant, but not controlling stake in the new TikTok JV. Oracle, alongside ...
TikTok is now majority-owned by a group of U.S.-backed investors, including Oracle, Silver Lake, and MGX. The app's former owner, Chinese company ByteDance, retains a ...
Oracle (ORCL) raised fiscal 2026 capex guidance to $50B from $35B. Oracle’s stock has nearly halved despite aggressive AI infrastructure buildout. Oracle’s total debt and lease obligations reached ...
More than a day after TikTok’s issues began, TikTok USDS says the problems are the result of a power outage at a data center and subsequent cascading systems failure. Starting early Sunday morning, ...
The Chinese parent company of the popular video app said a group of non-Chinese investors would create an American TikTok to avoid a federal ban. Credit...Timo Lenzen Supported by By David McCabe and ...
The phenomenon of a Full Moon arises when our planet, Earth, is precisely sandwiched between the Sun and the Moon. This alignment ensures the entire side of the Moon that faces us gleams under ...