Oracle's credit default swaps are plummeting as financing plan boosts investor confidence

Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.

Oracle Seeks $50B in 2026 to Fund AI Cloud Growth

The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
DatacenterDynamics

TikTok says outage is resolved, confirms it was an Oracle data center

The Oracle/TikTok partnership has since been formalized through the establishment of the TikTok USDS Joint Venture LLC, which ...
CNBCTV18

Oracle may cut up to 30,000 jobs as US banks retreat from funding AI data centres: report

Oracle may cut 20,000-30,000 jobs and sell Cerner as US banks pull back from AI data centre financing, reports CIO citing TD Cowen research.

Oracle Boosts Data Center Job Forecast After Local Opposition

Oracle Corp. predicted that a massive data center it’s developing for OpenAI in New Mexico will create more jobs than ...
24/7 Wall St.

Oracle’s Big $50 Billion Bet: Bold Bid for AI Leadership or Setup for Epic Collapse?

Oracle (NYSE:ORCL) announced on Friday that it expects to raise $45 billion to $50 billion in cash this year through a ...

Why has TikTok been glitching? Oracle says data center outage led to issues plaguing U.S. users

The outage came just days after ByteDance finalized a deal for a new U.S.-based ownership joint venture, with Oracle as one ...
DatacenterDynamics

Oracle revealed as tenant of Project Jupiter data center campus in New Mexico

Oracle has confirmed it will be the tenant of a major data center campus being developed in Doña Ana County, New Mexico.