Oracle denied on Friday a media report that it was delaying OpenAI-related data centers, following investor worries over its debt-fueled AI infrastructure buildout.
Investor's Business Daily on MSN
Oracle stock falls after report raises concerns about data center funding
Oracle stock shed 4.6% to 180.01 in afternoon trades on the stock market today. The stock has dropped more than 10% this month and is more than 45% from record highs reached in September. Oracle's ...
Oracle is set to report earnings for its fiscal third quarter of 2024 on Monday after the closing bell. Analysts expect Oracle's revenue and earnings to rise from the prior quarter and year-ago period ...
Wall Street expects a year-over-year increase in earnings on higher revenues when Oracle (ORCL) reports results for the quarter ended August 2025. While this widely-known consensus outlook is ...
Oracle's (NYSE:ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year or so, lower than what many equity analysts have forecast, The ...
One byproduct of the COVID-19 pandemic was the accelerated shift toward digitization and online/cloud-based services. It also created an preference by investors for “large, well-managed, stable, tech ...
LAS VEGAS--(BUSINESS WIRE)--Organizations can discover how to harness the power of Microsoft Excel and Oracle E-Business Suite at the Oracle Applications Users Group (OAUG) Collaborate 15 conference, ...
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