Risk is rising as big tech companies like Oracle — the ultimate financial source of the Ellison media empire — need to turn to the bond market for staggering sums to finance data centers. By Jeff ...
Oracle invested $55.7 billion in its data center base in fiscal 2026, a number that is expected to increase by about 70% in fiscal 2027 to exceed $90 billion. With $97.6 billion of net debt on its ...
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Two cybersecurity firms are sounding the alarm after tens of thousands of Fortinet firewalls and VPNs used by major companies across the globe were compromised in an ongoing hacking campaign. Known as ...
Oracle kept its fiscal year revenue guidance intact while raising its profit forecast. The company beat on earnings and revenue for the fiscal fourth quarter. Oracle said it plans to raise an ...
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Oracle’s ORCL4.67%increase; up pointing triangle $300 billion megadeal with OpenAI is testing the limits of Wall Street’s appetite for debt tied to America’s data-center boom. Banks including JPMorgan ...
Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...