U.S. stocks tumbled to a session low, with the Nasdaq composite now down by more than 1.7%, as investors responded to the latest headline about Oracle Inc. The S&P 500 was off by 81 points, or 1.2%, ...
This article first appeared on GuruFocus. Oracle-led buyers have set in motion TikTok's long-delayed separation from ByteDance after the company signed binding agreements to form a new US joint ...
Oracle’s stock dropped another 5% on Wednesday after reports that a major investor pulled out of a $10 billion data center deal over concerns about the company’s debt. It was the latest blow in a ...
US stocks fell on Wednesday as investors weighed what the latest data means for the Fed's interest rate policy, with tech stocks under pressure as Oracle (ORCL) slid. AI trade worries rattled tech ...
Oracle has plowed more than $20 billion into capital expenditure in the first half of its financial year, as the tech company rushes to build out data centers for artificial intelligence. Oracle said ...
In the energy sector, Russia’s revenues from exports of crude oil and refined products has fallen to its lowest level since the invasion of Ukraine in 2022. The International Energy Agency has ...
Two green biotechnology firms have announced they will build new factories at Scotland’s Grangemouth site which will employ up to 460 people, in the first phase of projects to replace hundreds of jobs ...
Oracle (Nasdaq: ORCL) shares were trading for roughly $207 per share before the company’s earnings call, but selling accelerated during the call, and shares are now trading for about $194. A few notes ...
Oracle isn't the only company getting fresh scrutiny from investors for issuing a lot of debt as part of the artificial intelligence race. (Bloomberg Finance, Deutsche Bank Research) "Last night ...
The ASX 200 index closed up 0.2 per cent at 8592 points, trimming its rise to a four-week high of 8592 as disapointing results from Oracle hit US futures.