Investors upset that company failed to inform them might need to take out even more debt. Datacenters don't come cheap.
Oracle has been sued by bondholders who claim the company concealed how much debt it would need to sell to support the AI buildout for Oracle's $300 billion OpenAI deal.
Oracle Corporation (NYSE: ORCL) has seen a significant market reaction following its bold shift towards artificial intelligence (AI), resulting in a 25% drop in shares over the past month. What ...
Oracle was sued on Wednesday by bondholders ​who say they suffered losses because the company ‌chaired by billionaire Larry Ellison failed to disclose it needed to sell significant additional debt to ...
Shares of Oracle (ORCL) are in the red today after the tech giant’s Q2 earnings results and outlook fell slightly short of expectations. Nevertheless, Wall Street remains optimistic due to the company ...
Oracle Corporation’s recent stock surge is largely driven by a narrative around its AI and cloud pivot rather than underlying fundamentals. While revenue in its cloud segment has grown impressively, ...
Oracle has secured massive cloud contracts, including its $300 billion deal with OpenAI. The company's ability to deliver GPU infrastructure for a lower price gives Oracle an edge over large ...