Oracle (ORCL-N) gained 2 per cent on Monday after Wall Street analysts said the software company’s US$50-billion fundraising ‍plan allays worries over its ability to finance a massive data-centre ...
The rally brought Oracle’s valuation to more than $933 billion, making it the 10th most valuable publicly-listed US company at the time Oracle shares have dropped over 50 percent from last year's ...
(Bloomberg) --Oracle Corp. shares have fallen more than 50% from last year’s all-time high as investors concerned about the artificial intelligence trade and the company’s links to OpenAI flee the ...
This story has been updated with more information. SALINE TWP., MI — DTE Energy Co. has accepted all the conditions that the Michigan Public Service Commission (MPSC) outlined in its conditional ...
Oracle and other firms are taking out loans to build data centers that they will rent to AI companies. Investors are starting to wonder if that bet will pay off. Stocks in some major companies ...
NEW YORK, Dec 12 (Reuters) - The red-hot trade backing artificial intelligence-related stocks has taken a bruising from back-to-back troubling updates from Oracle and Broadcom, reigniting concerns ...
Call it the "Oracle Effect." Broadcom (AVGO) reported strong fiscal fourth-quarter earnings after the market closed yesterday, but the stock is falling 5% in premarket trading this morning as ...
First Brands’ $1.1 billion super-senior rescue loan plunged to as low as 30 cents on the dollar in early December, an unusually rapid collapse for court-approved financing. The drop reflects confusion ...
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