Oracle’s earnings report last week didn’t do much to soothe concerns about how the company will fund its artificial-intelligence investments. In fact, investor sentiment has taken a turn for the worse ...
Oracle’s $2.26 EPS beat relied on a $2.7B one-time gain. Core earnings missed at $1.33 versus $1.64 expected. CapEx guidance jumped $15B to $50B for fiscal 2026. Free cash flow burned $10B for the ...
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Kharkiv burns from Russian missile strikea while world leaders hash out Ukraine peace plan
Russia killed four people and injured at least 13 more, including two children, while Ukraine was trying to bring about peace in coordination with US and European allies. Three residential buildings ...
Oracle's stock has plunged since hitting an all-time high in September as the company has become a poster child for growing investor concerns that an AI bubble has formed. The company is enmeshed in ...
Since Oracle (ORCL) announced a $300B deal with OpenAI on September 10th, the company’s stock has shed $374B in market value, Bryce Elder of The Financial Times reports. Meanwhile, equivalents to ...
(Reuters) -Oracle bonds have taken a hit in recent days following a report that the cloud and artificial intelligence service provider plans to add another $38 billion to its heavy debt load to fund ...
Amid rising cost pressures, it will become imperative for insurers to do more to demonstrate true value to plan sponsors and clients, according to a new report. Consulting firm Numerof & Associates ...
Welcome back to The Prompt, ChatGPT maker OpenAI is setting its eyes on an IPO as soon as late 2026, according to a Reuters report. The IPO could double the AI behemoth’s valuation to $1 trillion and ...
Oct 22 (Reuters) - OpenAI, along with Oracle (ORCL.N), opens new tab and Vantage Data Centers, will develop a data center campus in Wisconsin, as part of the Stargate project, to keep the U.S. ahead ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Belle Lin: Welcome to Tech News Briefing. It's Tuesday, October 21st. I'm Belle ...
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