Investors have been reminded lately that artificial intelligence (AI) infrastructure investments are not always straightforward. Oracle (ORCL) stock slid following mixed financial results and a sharp ...
Did people complain – and by people, we mean Wall Street – as the world’s largest bookseller invested huge amounts of money to transform itself into an alternative to driving to Wal-Mart? Or, better ...
Oracle’s share price plummeted 10 percent on Wednesday after its quarterly revenue fell short of expectations. Larry Ellison’s firm, which has become a key player in the AI data center ecosystem ...
Oracle (ORCL) stock fell nearly 11% Thursday after the tech firm's quarterly AI costs rose ahead of Wall Street's expectations and revenue fell short. Oracle reported capital expenditures of $12 ...
Oracle's partner in a $300 billion deal, OpenAI, is projected not to be cash generative until 2030. The bond markets are growing stressed about the company's future financing needs. This appears to be ...
Oracle (ORCL) cloud services now represent 77% of total revenue and grew 55% year-over-year. GPU consumption revenue surged 336%. Oracle’s remaining performance obligation hit $97.3B in Q2 FY2025.
Investing.com - BofA Securities reduced its price target on Oracle (NYSE:ORCL) to $300.00 from $368.00 on Thursday, while maintaining a Buy rating on the stock. Oracle currently trades at $223.01, ...
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 ...
When Oracle’s AI buildout translates into revenue and what it does if OpenAI fails to pay are among the questions. Oracle shows no signs of halting the billions of dollars needed for data center ...
Oracle Corp. (ORCL) shares fell nearly 11% pre-market on Thursday after the company’s second-quarter (Q2) results fell short of Wall Street expectations. Analysts at Bank of America Securities and ...