Oracle's partner in a $300 billion deal, OpenAI, is projected not to be cash generative until 2030. The bond markets are growing stressed about the company's future financing needs. This appears to be ...
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Oracle's market value has dropped by over $300 billion since its OpenAI deal. Investors are worried about the company's debt-fueled AI investments. This has led to talk of a 'Curse of ChatGPT'. Oracle ...
Oracle (ORCL) is a buy-and-hold, says one Wall Street analyst. "We continue to believe that ORCL is a decade stock, driven by the massive (and profitable) opportunity ahead for AI training and ...
Oracle to Deploy 50,000 AMD AI Chips in Bid to Challenge Nvidia Your email has been sent Oracle is making a calculated play to loosen Nvidia’s grip on the AI chip market. The cloud giant will deploy ...
Oracle Corp. on Monday promoted Clay Magouyrk and Mike Sicilia to become co-chief executive officers, signaling the company’s focus on its rapidly expanding cloud computing business. The 39-year-old ...
A few weeks after its shares surged on strong earnings, Oracle Corp. is making a pair of high-profile leadership changes. The Austin-based tech giant said Monday that company insiders Clay Magouyrk ...
Oracle's stock soared after a report of a cloud contract with OpenAI and an optimistic forecast for its AI-driven cloud infrastructure. The company projects aggressive eight-fold growth in cloud ...
Oracle stock climbed 36% after the company reported gobsmacking cloud demand numbers. The cloud giant is on pace for its best day since 1992, and is now quickly approaching the $1 trillion market cap ...
AS THAT STORM GETS CLOSER. NOW TO OUR BREAKING NEWS FROM ONE OF KANSAS CITY’S TOP EMPLOYERS. ORACLE IS LAYING OFF MORE PEOPLE. KMBC NINE INVESTIGATES HAS CONFIRMED MULTIPLE LAYOFFS AT ORACLE TODAY, ...
SAN FRANCISCO, Aug 14 (Reuters) - Oracle (ORCL.N), opens new tab and Alphabet (GOOGL.O), opens new tab said on Thursday their cloud computing units have struck a deal to offer Google's Gemini ...
Oracle Corp. is getting closer to achieving a feat accomplished by only 13 other U.S. companies. With the cloud giant’s stock ORCL rising 3.1% on Thursday, Oracle is within a hair of surpassing a $700 ...