But investors have grown worried about how it would fund the data-center expansion needed to serve OpenAI and other customers, including Elon Musk's xAI and Meta. Its shares fell more than 15% last ...
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
Oracle (NYSE:ORCL) announced on Friday that it expects to raise $45 billion to $50 billion in cash this year through a ...
Oracle stock still looks like a "Buy" with an intrinsic value of $220 and AI-driven cloud growth. Here's what investors need ...
CNBC's Seema Mody joins 'Squawk Box' to report on the latest news from Oracle.
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Oracle analyst warns of 30,000 layoffs, asset sale as the cloud firm moves to tackle debt – ORCL stock falls pre-market
Oracle’s debt-fueled data center expansion has drawn concerns, prompting a sharp sell-off in its stock in recent months. ・Last year, Oracle raised its 2026 capital expenditure view by $15 billion to ...
Oracle, private equity firm Silver Lake, and Abu Dhabi-based investment company MGX each hold 15% equity stakes in the joint ...
Oracle (NASDAQ:ORCL) has already been punished harshly by the market, thanks to its heavy debt load and OpenAI exposure. That ...
Here's which companies and investors own TikTok, who owns Oracle, and what to know about the app's new terms and conditions.
One of Oracle's two recently appointed CEOs, Clay Magouyrk, told CNBC's David Faber that he's confident OpenAI will be able to pay for the cloud infrastructure it uses. OpenAI had a $5 billion net ...
Oracle has surged over 100% in six months, fueled by explosive cloud growth, record backlog, and major AI deals, like OpenAI. ORCL's AI infrastructure leadership is validated by multi-billion-dollar ...
Vinish Kapoor is an Oracle ACE Pro, software developer, and founder of Vinish.dev, known for his expertise in Oracle. Vinish Kapoor is an Oracle ACE Pro, software developer, and founder of Vinish.dev, ...
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