Oracle's stock has tumbled 30% so far this quarter, headed for its steepest drop since the third quarter of 2001, when it slid almost 34%. Investors have grown skeptical about Oracle's ability to open ...
Major U.S. indexes fall on AI weakness. Investors are growing enthusiastic over Chinese chipmakers. Netflix deal is "superior" to Paramount's, Warner Bros. says. U.S. approves $11.15 billion sale to ...
Dec 17 (Reuters) - Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue Owl Capital, after a report of stalled negotiations with ...
Oracle Corp. said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center ...
Oracle (ORCL) stock fell more than 5% Wednesday after the Financial Times reported that private lender Blue Owl Capital (OWL) will not back a $10 billion deal for its next data center as the software ...
Oracle (ORCL) shares erased some losses on Friday after the company pushed back on a report that it was delaying some data centers tied to OpenAI (OPENAI). Oracle initially declined to comment on the ...
Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.
SALINE, MI — More than 100 Saline area residents braved the cold Monday evening Dec. 1 to protest a $7 billion hyperscale data center project in Saline Township and DTE Energy’s plan to power the ...
The Washington Post has said that it was one of the victims of a hacking campaign tied to Oracle’s suite of corporate software apps. Reuters first reported the news on Friday, citing a statement from ...
The project is a joint effort by OpenAI, Oracle, and a real estate developer. The plan initially faced local opposition before a lawsuit settlement allowed it to proceed. A plan is underway to build a ...