US attorney for Washington, DC, Jeanine Pirro is suing the power company Con Edison and the town of Rye, New York over a “dangerous” construction site she claims caused her to trip and suffer brain ...
Oracle (ORCL-N) gained 2 per cent on Monday after Wall Street analysts said the software company’s US$50-billion fundraising plan allays worries over its ability to finance a massive data-centre ...
Oracle faces legal action from bondholders who claim the company withheld critical information when it raised nearly $20 billion in capital this September. The market is pricing Oracle bonds as ...
Oracle (ORCL) is back in the spotlight as it doubles down on AI data center spending tied to OpenAI, a strategy that boosts its long term growth story but sharpens questions around debt and ...
Oracle has denied that it is suffering delays in completing the data centers it is providing to OpenAI. Reports last week suggested that labour and material shortages would delay data center projects ...
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.
Oracle’s results are incredibly impressive. Oracle has a clear runway for future growth. Microsoft has a better risk/reward profile than Oracle. The "Magnificent Seven" stocks have captured the ...
Three months after Larry Ellison briefly became the world’s richest person, a historic slide in Oracle Corp. shares sent his net worth plunging by $24.9 billion. Oracle shares slumped by 11% Thursday ...
Did people complain – and by people, we mean Wall Street – as the world’s largest bookseller invested huge amounts of money to transform itself into an alternative to driving to Wal-Mart? Or, better ...
RUNNING A GIANT software business used to be fun. Sure, coming up with a great product was a grind. But once you had one that customers could not live without—be it Microsoft Office, Amazon.com, ...
Oracle ORCL-2.62%decrease; red down pointing triangle is facing mounting anxiety from investors about how much it’s spending to build out data centers for the artificial-intelligence industry. The ...
Oracle’s quarterly earnings topped expectations, but revenue came up short. Investors have question whether the company’s artificial intelligence investments are justified. Oracle picked up ...
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