Oracle turned in mixed results for its latest fiscal quarter. The company has a huge backlog of AI infrastructure contracts that will translate into huge revenue growth in the coming years. Investors ...
Oracle’s rapid descent from market darling to market warning sign is revealing something deeper about the AI boom, experts say: no matter how euphoric investors became over the last two years, the ...
Oracle denies delaying OpenAI data centers to 2028 due to shortages Investors worried about Oracle's debt-fueled AI infrastructure buildout Market sensitive to AI delays, scrutinizing spending payoffs ...
Investing.com -- Oracle Corporation (NYSE:ORCL) stock fell 5% on Friday following a Bloomberg report that the company has delayed the completion of data centers for OpenAI to 2028, a year later than ...
Oracle has reportedly delayed some of its data center projects set for OpenAI workloads by as much as a year. The company made the move to delay projects from 2027 to 2028, Bloomberg reports, mostly ...
An upbeat second-quarter earnings report from Oracle wasn’t enough to shake off the artificial-intelligence jitters that have crept into the stock. Oracle ORCL cleared the bar set by Wall Street on ...
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 ...
Three months ago, Oracle Corp.’s scorching earnings outlook sent the shares soaring to their best day in three decades. But a quarter later, things look very different for the database software maker ...
Oracle (ORCL) cloud services now represent 77% of total revenue and grew 55% year-over-year. GPU consumption revenue surged 336%. Oracle’s remaining performance obligation hit $97.3B in Q2 FY2025.
SALINE TWP., MI — DTE Energy officials still expect state regulators to approve special contracts for the utility to power what would be Michigan’s first hyperscale data center project in Saline ...
The Washington Post has said that it was one of the victims of a hacking campaign tied to Oracle’s suite of corporate software apps. Reuters first reported the news on Friday, citing a statement from ...