Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
(Bloomberg) -- Oracle Corp. posted disappointing cloud revenue, suggesting it will take longer than expected for the company’s recent huge AI bookings to pay off. Fiscal second-quarter cloud sales ...
Formula 1 has always been a sport defined by extremes, where milliseconds separate victory from defeat and human skill is pushed to its limits. But behind the roar of engines and the spectacle of pit ...
Oracle’s cloud business will keep growing as the AI boom continues. TSMC will profit from the market’s insatiable appetite for more powerful AI chips. Palo Alto Networks is expanding its cloud and ...
Oracle (ORCL) issued $18B in bonds and secured a $38B loan to fund AI expansion. Interest payments now consume roughly 20% of quarterly net income. Oracle shares dropped 42% from their September high ...
Oracle has launched a second cloud region in Italy. Located in Turin in northern Italy, the region will give organizations access to all of Oracle Cloud Infrastructure's cloud and AI services.
Oracle's stock price target remains unchanged at $344.04 per share, even though the discount rate increased slightly from 8.86% to 8.91%. This consistent fair value estimate reflects both optimism for ...
Oracle (ORCL) said its Oracle Cloud Infrastructure business is now on track for $166 billion in revenue by the company's fiscal 2030, up from just $10 billion in fiscal 2025. That works out to a ...
Oracle Cloud Infrastructure (OCI) is not just going all-in on AI, but on AI at incredible scale. This week, the company announced what it calls the largest AI supercomputer in the cloud, OCI ...
Cloudflare is set to integrate its connectivity cloud platform with Oracle Cloud Infrastructure (OCI). The Cloudflare platform will be natively available on OCI, including across hybrid, multicloud, ...
Wouldn’t it be funny if Larry Ellison, who has become the elder statesman of the datacenter, had the last laugh on the cloud builders and model builders by beating them at their own game? That these ...
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