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.
Oracle’s share price plummeted 10 percent on Wednesday after its quarterly revenue fell short of expectations. Larry Ellison’s firm, which has become a key player in the AI data center ecosystem ...
China has agreed to allow the export of chips critical to auto production, averting widespread shutdowns that had been predicted by the industry. The chips are provided by Nexperia, a Chinese-owned ...
From fentanyl to rare earth minerals, President Donald Trump’s highly anticipated meeting with Chinese leader Xi Jinping on the last leg of his three-country Asia tour helped the world’s two biggest ...
The Democratic Republic of Congo will allow some cobalt exports to resume from next month, as the world’s biggest producer of the metal said quotas would replace a months-long ban on shipments. The ...
PROMOTING THE EXPORT OF AMERICAN AI: Today, President Donald J. Trump signed an Executive Order to support the American AI industry by promoting the export of full-stack American AI technology ...
This press release contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the restoration of access of Synopsys products to our ...
Data security provider Druva Inc. today announced expanded support for Microsoft Azure, including cloud-native data protection for Azure SQL and Azure Blob Storage. The new protection builds on ...
Paris, May 19, 2025 – TotalEnergies has signed a Sales and Purchase Agreement (SPA) with Ksi Lisims LNG for the purchase of 2 Mtpa of LNG for 20 years from the future liquefaction plant, subject to ...
China has walked back nontariff measures imposed in response to U.S. President Donald Trump's tariff hikes. The suspension, announced Wednesday by the country's Commerce Ministry, covers both trade ...