Oracle cofounder Larry Ellison's net worth has slumped below $200 billion after his company's stock was caught up in the software sell-off.
Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
Investors allege Oracle misled them about AI infrastructure returns while top executives unloaded shares at inflated prices.
Oracle now expects 4,000 construction jobs and 1,500 permanent roles at its AI data center in Santa Teresa, amid local debate ...
Nvidia’s OpenAI pivot puts Oracle’s accounting in the spotlight.
(Corrects paragraph 7 to reflect that Oracle was sued in January, not earlier this month) Feb 1 (Reuters) - Oracle expects to ...
The software giant wants to expand its cloud infrastructure, even as its stock trails and investor concerns deepen.
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
Oracle is undergoing massive AI-driven data center expansion, pressuring debt and margins in the near term. Learn why ORCL ...
TikTok USA isn’t just (arguably) a tool of corporate power, it doesn’t seem to work as well as the old TikTok.
Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build ...
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