A major project to build more than 400 apartments on a site which includes a shopping centre's cinema and former Debenhams store is set to be approved later. Long-standing plans to replace The ...
Oracle (ORCL) raised fiscal 2026 capex guidance to $50B from $35B. Oracle’s stock has nearly halved despite aggressive AI infrastructure buildout. Oracle’s total debt and lease obligations reached ...
TikTok's owner has closed a deal to sell a portion of its US assets to a consortium of investors. Oracle, Silver Lake, and MGX combined will own 45% of the new joint venture. ByteDance, TikTok's ...
TikTok has agreed to sell its U.S. operations to an investment group that includes Oracle, Silver Lake, and UAE-based company MGX, reports Axios. The "TikTok USDS Joint Venture LLC" that includes the ...
Oracle stock fell 11% today, as investors fret over how much the company is spending to build out AI data centers for OpenAI and others. Oracle Chairman Larry Ellison, whose roughly 40% stake has made ...
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 ORCL2.34%increase; green up pointing triangle has never given up gains this big, this fast. Investors nervous about the scale of capital that technology companies are plowing into ...
Nebius' problem is one most startups dream of: it has sold out of capacity and can't build fast enough. Its plan to reach 2.5 gigawatts of contracted power by 2026 will require billions in upfront ...
Banks led by JPMorgan and MUFG are preparing a $38 billion debt deal to fund Oracle-linked data centers in Texas and Wisconsin. The projects are part of Oracle’s $500 billion “Stargate” plan with ...
We recently published 10 Trending Stocks to Watch as Brad Gerstner Explains Tailwinds for AI Trade – ’10x Manhattan Project’. Oracle Corp (NYSE:ORCL) is one of the trending stocks to watch. Joseph ...
Oracle has released an emergency update to address a critical security flaw in its E-Business Suite software that it said has been exploited in the recent wave of Cl0p data theft attacks. The ...
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