Three major factors were at play: a bondholder lawsuit, a wave of analyst downgrades and price cuts, and a macro environment ...
Oracle said on Sunday it planned to raise $45 billion to $50 billion of gross cash proceeds during the 2026 calendar year to build additional capacity to meet contracted demand from its cloud ...
Oracle, private equity firm Silver Lake, and Abu Dhabi-based investment company MGX each hold 15% equity stakes in the joint ...
Shares of Oracle ( ORCL 2.08%) dropped Thursday morning, falling as much as 6.5%. As of 1:48 a.m. ET, the stock was still ...
In other recent news, Oracle has been the focus of several significant developments. UBS has lowered its price target for Oracle to $280, citing concerns over OpenAI and a notable correction in Oracle ...
TikTok has signed a deal to spin-off its U.S. operations to a group controlled by mostly American investors, including software giant Oracle, a company run by billionaire Trump ally Larry Ellison.
TikTok’s long-delayed plan to separate from Chinese parent ByteDance Ltd. was put in motion Thursday when the video sharing sensation said it’s being bought by a group of buyers led by Oracle Corp.
Oracle stock slid after a report that Blue Owl Capital won't back a $10 billion data center for OpenAI. The cloud company later said that the project remains "on schedule" but that Blue Owl was out of ...
Monday - Friday, 6:00 - 7:00 PM ET CNBC's Jim Cramer on Tuesday opined on massive AI spending that has hurt tech stocks. He proposed that action from Oracle could slow down other hyperscalers' ...
Stocks linked to artificial intelligence were struggling Monday, with Broadcom Inc. and Oracle Corp. among the worst performers in the S&P 500 — while AI-focused exchange-traded funds fell. The Dan ...
Oracle stock has taken a significant hit in recent months. Oracle’s approach to cloud infrastructure is highly effective for growing market share. The sell-off in Oracle is a buying opportunity. Let's ...