Oracle now plans to spend $50 billion worth of capital in fiscal 2026, which is 2x higher than the previous $25 billion guidance released in June 2025. Assuming operating cash flows of $25 billion in ...
Dec 17 (Reuters) - 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 ...
Dec 17 (Reuters) - 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 ...
Mr. Sunstein, a professor at Harvard Law School and a former member of the Obama administration, identifies the real benefit of AI as its capacity to overcome human “cognitive biases.” Deeply ...
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history.
Oracle on Friday pushed back against a report that said the company will complete data centers for OpenAI, one of its major customers, in 2028, rather than 2027. An Oracle spokesperson did not specify ...
Dec 12 (Reuters) - Oracle denied on Friday a media report that it was delaying OpenAI-related data centers, following investor worries over its debt-fueled AI infrastructure buildout. Bloomberg News ...
Simply sign up to the US equities myFT Digest -- delivered directly to your inbox. Wall Street’s S&P 500 set a record closing high on Thursday as gains in consumer-focused and financial companies ...
Oracle’s cloud RPO hit $455B last quarter, up 359% year over year. The company expects FY26 CapEx of $35B to build GPU clusters for AI infrastructure. Multi-cloud database revenue grew 1,529% as ...
GlobalLogic, a provider of digital engineering services part of the Hitachi group, is notifying over 10,000 current and former employees that their data was stolen in an Oracle E-Business Suite (EBS) ...
Oracle shares tumbled after a report that the software maker’s profit margin in its cloud computing business is lower than many on Wall Street have been estimating. While Oracle generated roughly $900 ...
Oracle is transitioning from a database leader to a core AI infrastructure provider, supported by major contracts with OpenAI and TikTok. Oracle's technical advantages, strong customer relationships, ...
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