Alphabet set to buy data center, energy infrastructure developer Intersect for $4.75 billion in cash
Alphabet announced an plan to buy Intersect for $4.75 billion to secure power for US data centers. The move comes as tech firms face rising grid constraints and AI infrastructure project delays.
Illustration of TIK TOK, October 16, 2025. TikTok is a mobile application for sharing short creative videos and images, as well as a social network based on a recommendation algorithm favoring ...
TikTok has agreed to sell its U.S. operations to an investment group that includes Oracle, Silver Lake, and UAE-based company MGX, reports Axios. The "TikTok USDS Joint Venture LLC" that includes the ...
Wall Street's key indices fell on Wednesday as the markets searched for clues on the outlook for interest rates. At 11:39 a.m. ET, the Dow Jones Industrial Average fell 105.49 points, or 0.22%, to ...
Oracle's credit-default swaps are trading at levels unseen since the financial crisis. Oracle's earnings report last week didn't do much to soothe concerns about how the company will fund its ...
Oracle stock fell 11% today, as investors fret over how much the company is spending to build out AI data centers for OpenAI and others. Oracle Chairman Larry Ellison, whose roughly 40% stake has made ...
LONDON, Dec 11 : The cost of insuring Oracle's debt against the risk of default has shot up after its latest earnings reignited worries about how much the broader corporate sector is spending on AI ...
LONDON, Dec 11 (Reuters) – The cost of insuring Oracle debt against default surged on Thursday to its highest in at least five years, after the company’s results missed forecasts, reigniting ...
Oracle (ORCL) stock fell nearly 11% Thursday after the tech firm's quarterly AI costs rose ahead of Wall Street's expectations and revenue fell short. Oracle reported capital expenditures of $12 ...
Oracle Corporation (NYSE:ORCL) is one of the Trending AI Stocks on Wall Street. On December 8, Mizuho maintained its “Outperform” rating on the stock with a $400.00 price target. With Oracle’s ...
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