The world of bits moves fast. The world of atoms doesn’t. And data centers are where those two worlds collide.” ...
Oracle stock tumbled after its second-quarter report. Heavy spending on AI infrastructure has been slow to boost revenue, and ...
Oracle and other AI stocks tumbled on Thursday after the company reported surging expenditures related to its AI data center ...
Shares in tech companies ranging from Nvidia to Meta Platforms are down on Thursday amid growing concerns around AI-fueled ...
Oracle is on the front line of fears about a bubble in spending on artificial intelligence. The cost of insuring against a ...
Bloomberg reported Oracle had delayed by a year the delivery of some data centers it's developing for ChatGPT maker OpenAI.
Long known for dull back-office software systems, Oracle this year found a renewed purpose as a provider of cloud computing ...
AI spending is front and center again for investors. Oracle plunged Thursday, with top hardware makers including Nvidia and ...
Oracle has spent years piling up debt to fund share buybacks, which raises the risk level of adding even more debt to the ...
The hit to Oracle and Broadcom weighed on other tech shares during the day, as investors worried about AI spending and the ...
Oracle shares sank 13%, sparking a tech selloff as the company's massive spending and weak forecasts fanned doubts over how ...
While the company beat EPS estimates and increased its AI deal pipeline, concerns over its financing strategy remain.