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 ...
Hammered by the general software selloff and AI debt concerns, shares of Oracle have shed 22% over eight trading sessions ...
Oracle, private equity firm Silver Lake, and Abu Dhabi-based investment company MGX each hold 15% equity stakes in the joint ...
In other recent news, Oracle has been the focus of several significant developments. UBS has lowered its price target for Oracle to $280, citing concerns over OpenAI and a notable correction in Oracle ...
Oracle's stock jumped after the cloud provider joined a group of investors slated to lead TikTok's U.S. operations. The deal prevents a shutdown of the app in the U.S. over national security concerns.
Abu Dhabi's state investment fund will also be a managing investor. By Alex Weprin Senior Editor The TikTok sale is officially happening, with a consortium of American investors set to take over U.S.
Oracle stock slid after a report that Blue Owl Capital won't back a $10 billion data center for OpenAI. The cloud company later said that the project remains "on schedule" but that Blue Owl was out of ...
Blue Owl Capital is not planning to provide financial backing to Oracle's planned data center in Saline Township, Michigan. The data center project, valued at $10 billion, is being developed by Oracle ...
Monday - Friday, 6:00 - 7:00 PM ET CNBC's Jim Cramer on Tuesday opined on massive AI spending that has hurt tech stocks. He proposed that action from Oracle could slow down other hyperscalers' ...
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 ...