Oracle’s remaining performance obligations surged to $523B. This represents roughly 8.5 times annual revenue. Oracle’s trailing free cash flow turned negative at $13B as capital expenditures soared ...
Did our AI summary help? The Nifty 50 closed moderately higher amid volatile and rangebound trading on January 16. It attempted twice during the week, including on Friday, to sustain above the 50-day ...
Many AI stocks have struggled recently, following several years of spectacular performance. Investors are questioning high valuations and intense spending on AI infrastructure. One stock, in ...
The artificial intelligence money scramble continues all the way into the end of the year, as OpenAI may raise $10 billion from Amazon, perhaps part of as much as $100 billion from a range of ...
Oracle (ORCL) shares jumped more than 6% in pre-market trading to around $190 after Bloomberg reported that TikTok signed binding agreements to form a new U.S. joint venture led by Oracle, helping ...
The deal marks the end of years of uncertainty about the fate of TikTok in the US. The venture will have a new American-majority board of directors and user data will be stored locally. TikTok's ...
Dec 17 : Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue Owl Capital, after a report of stalled negotiations with the ...
Dec 12 : Oracle has pushed back the completion dates for some of the data centers it is developing for OpenAI to 2028 from 2027, Bloomberg News reported on Friday citing people familiar with the work.
Oracle Corporation shares dropped 11% after a minor revenue miss on Thursday, presenting a potential buying opportunity amid strong underlying fundamentals. The Cloud firm's record $523B in RPO, up ...
After five decades of selling enterprise software, Oracle ORCL-2.75%decrease; red down pointing triangle has amassed a lot of very large customers. But never before has the company’s fate hinged so ...