Optimism grows: Oracle’s logo on a screen on the floor of the New York Stock Exchange. The tech firm’s fundraising blitz reassures investors on AI spending plans, driving a rally and lifting broader ...

Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...

NEW YORK, Feb 2 (Reuters Breakingviews) - The cloud computing provider's $50 bln equity-heavy funding plan eases fears of debt overload. It’s costly to issue shares trading at a discount to post-capex ...

Majority US-owned venture includes Larry Ellison’s Oracle, private-equity group Silver Lake and Abu Dhabi’s MGX TikTok announced on Thursday it had closed a deal to establish a new US entity, allowing ...

The Chinese parent company of the popular video app said a group of non-Chinese investors would create an American TikTok to avoid a federal ban. Credit...Timo Lenzen Supported by By David McCabe and ...

NEW YORK, Jan 14 (Reuters) - Oracle (ORCL.N), opens new tab was sued on Wednesday by bondholders who say they suffered losses because the company ‌chaired by billionaire Larry Ellison failed to ...

A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history.

The shares of companies exposed to artificial intelligence infrastructure came in for a beating after a report about Oracle Corp. data center delays added fuel to a selloff already underway following ...

It turns out infinite growth might not actually be possible. On Friday, Bloomberg reported that Oracle will be delaying some of its data center projects for OpenAI for at least a year due to labor and ...

Gen Z views the world as a scary place, according to new research presented at the 2025 Society for Risk Analysis Conference. In ongoing research that began in fall 2022, Gabriel Rubin, Ph.D., a ...