Shares in Larry Ellison’s database company fell as much as 16 per cent on Thursday, before trimming its losses to close down ...
Oracle has spent years piling up debt to fund share buybacks, which raises the risk level of adding even more debt to the ...
Did people complain – and by people, we mean Wall Street – as the world’s largest bookseller invested huge amounts of money ...
As Oracle pours billions into AI data centers, enterprises may face rising costs — but Oracle too is in a tight spot, which ...
Oracle shares slumped nearly 11 per cent in premarket trading on Thursday after downbeat forecasts and higher capex fanned ...
Oracle missed Wall Street estimates for second-quarter revenue and operating profit on Wednesday, a sign that corporate ...
Market analysts are concerned about the AI bubble bursting, but Oracle’s latest earnings call shows it is still expanding ...
It is a far cry from the company’s last quarterly results, released in September, when news of a series of AI deals boosted ...
Oracle Corp. shares fell the most in more than 24 years after the company reported a jump in spending on AI data centers and ...
Oracle co-CEOs Clay Magouyrk and Mike Sicilia weighed in on the cloud applications, infrastructure and multicloud businesses ...
In the December 10 earnings call, Oracle CEO Larry Ellison said that the company is focusing on solving the “very important problem” of how to enable the most recent AI models to complete multi-step ...
Dartmouth breach exposes 40,000+ SSNs in Cl0p’s Oracle zero-day attack. Harvard and Penn also hit. What victims should do now ...
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