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 ...
Three months ago, Oracle Corp.’s scorching earnings outlook sent the shares soaring to their best day in three decades. But a quarter later, things look very different for the database software maker ...
‘We are the only applications company in the world that’s selling complete application suites,’ Oracle co-CEO Mike Sicilia says. Oracle co-CEO Clay Magouyrk sought to clarify how the vendor finances ...
Kara Greenberg is a senior news editor for Investopedia, where she does work writing, editing, and assigning daily markets and investing news. Prior to joining Investopedia, Kara was a researcher and ...
Oracle has some new deals with big AI names. That news wasn't enough to keep its stock from plummeting late Wednesday after the company released its quarterly results. The cloud infrastructure giant ...
Shares in the technology company are down as investors grow anxious that its bet on artificial intelligence, and OpenAI in particular, may not pay off. By Andrew Ross Sorkin Bernhard Warner Sarah ...
Oracle’s new world headquarters in Nashville, Tenn., will cost $4.5 billion, the Nashville Business Journal reported. The price tag for the 80-acre project with 2.7 million square feet of building ...
Northwest-side drivers are adding a new term to their vocabulary this week — the Michigan left. Over the last two days, Pima County started requiring drivers on West Ina Road to make what is also ...
Three months after Larry Ellison briefly became the world’s richest person, a historic slide in Oracle Corp. shares sent his net worth plunging by $24.9 billion. Oracle shares slumped by 11% Thursday ...
TikTok's owner has signed a deal to sell a portion of its US assets to a consortium of investors. Oracle, Silver Lake, and MGX will own 45% of the new joint venture. ByteDance, TikTok's parent company ...
SAN FRANCISCO — TikTok has signed agreements with three major investors — Oracle, Silver Lake and MGX — to form a new TikTok U.S. joint venture, ensuring the popular social video platform can continue ...
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 ...