Oracle stock (NYSE: ORCL) plunged 5% on Friday after Bloomberg reported that the cloud giant has pushed back the completion of several data centers being built for OpenAI from 2027 to 2028. The delay ...
Apple CEO Tim Cook has a $74.6 million pay package. Within the 30 minutes it takes most people to commute to the office, Cook ...
Oracle shares slide 11% as AI data center capex surges to $12 billion, pushing FY26 spending to $50 billion amid slower cloud ...
Shares in Larry Ellison’s database company fell as much as 16 per cent on Thursday, before trimming its losses to close down ...
Opinion
Arabian Post on MSNOpinion
Oracle’s OpenAI bromance with Sam Altman has now gutted its shares and CDS!
Matein KhalidOracle’s Q2 earnings vindicated my call to stay short Microsoft and SoftBank as public market proxies for OpenAI, whose $500 billion valuation should realistically be marked down by 50% ...
Oracle’s stock had already lost about a third of its value through Wednesday’s close since a record high on Sept. 10.
With relatively tepid growth, rising debt, an increasing cash burn rate, soaring capex and reliance on money-losing OpenAI, ...
Oracle Corp. shares fell the most in more than 24 years after the company reported a jump in spending on AI data centers and ...
Oracle co-CEOs Clay Magouyrk and Mike Sicilia weighed in on the cloud applications, infrastructure and multicloud businesses ...
Paramount owner David Ellison, who’s also pursuing WBD, sat that night in the Kennedy Center’s presidential box. The next ...
Alphabet, Amazon, Meta and Microsoft—and, more recently, Oracle have poured money into data centres crammed full of pricey AI ...
Oracle (Nasdaq: ORCL) shares were trading for roughly $207 per share before the company’s earnings call, but selling ...
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