For a few brief weeks in September and October, Oracle was on top of the artificial-intelligence revolution. The storied business-software and database company had a burgeoning $300 billion ...
Credit default swaps are derivatives that function like insurance on bonds, paying out if a borrower fails to meet its debt obligations. Rising CDS spreads signal that investors see higher risk.
Oracle shares weighed on the tech-heavy Nasdaq composite, but the Dow industrials and S&P 500 rallied to new records. The enthusiasm in the broader stock market extended a move from Wednesday that ...
Oracle shares slid after the cloud-computing company's earnings reignited worries about aggressive spending on data centers. Quarterly capital expenditure overshot expectations by more than 40%. The ...
U.S. stocks traded mixed this morning, with the Dow Jones index gaining more than 200 points on Thursday. Following the market opening Thursday, the Dow traded up 0.45% to 48,273.18 while the NASDAQ ...
NEW YORK (AP) — Most U.S. stocks are rising on Thursday, but a sell-off for Oracle is weighing on Wall Street as investors question whether its big spending on artificial-intelligence technology will ...
This article first appeared on GuruFocus. The Dow Jones Industrial Average climbed 450 points, or about 1%, on Thursday, reaching a fresh record as investors rotated out of high-flying AI stocks ...
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