The deal means that TikTok, the fast-growing social video platform that upended the strategies of competitors like YouTube ...
A Chennai woman's decision to quit her corporate job to pursue her passion for travel has sparked a vibrant conversation about career burnout. A social media post by a Chennai woman detailing her ...
Oracle's stock experienced a significant drop after reporting quarterly results that missed revenue expectations, largely due to substantial spending on data centers for AI customers like OpenAI. The ...
https://www.thehindubusinessline.com/portfolio/personal-finance/oracles-debt-trades-like-junk-as-bond-cds-spreads-flare/article70393355.ece Copy Oracle Corp.’s new ...
Oracle stock drops more than 7% after reports say several OpenAI data centers are delayed to 2028. The delay adds fresh pressure to a stock already hit by disappointing earnings earlier in the week.
Oracle stock crash: Oracle stock dropped 14%, wiping out $105 billion in market value and putting the company on track for its worst single-day decline since 2001. The selloff followed weak revenue, ...
It turns out infinite growth might not actually be possible. On Friday, Bloomberg reported that Oracle will be delaying some of its data center projects for OpenAI for at least a year due to labor and ...
The Oracle co-founder has pledged billions to finance Paramount’s takeover bid for Warner Bros. Discovery — which has questions about his commitment. By Andrew Ross Sorkin Bernhard Warner Sarah ...
Indexes: Dow rises 1.34%, S&P 500 adds 0.21%, Nasdaq falls 0.25% Oracle update drags down some tech, AI stocks Value outperforms growth, small outperforms large Dec 11 (Reuters) - The S&P 500 and the ...
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’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...
Larry Ellison dropped among the ranks of the world’s richest people on Thursday, falling to No. 3 as Oracle’s stock paced its worst single-day rout in nearly a year after the cloud services firm ...