On CNBC’s Squawk on the Street, Jim Cramer made a call that resonated across chip and cloud names: the tech tape is bouncing.
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Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data center projects.
Record RPO and fast cloud growth (OCI +93%, cloud +47%) say the AI demand is real. The selloff is about conversion and ...
Oracle is a critical AI infrastructure play with a growing backlog to be recognized over the next two to five years, providing ample upside potential.
Oracle’s cloud pivot could still pay off in a big way. Demand for AI computing is enormous, and the company has the contracts ...
The job cuts made headlines. But the bigger story is what's funding them.
Part of the market's concern seems to center on what all of this growth costs. Oracle said it plans to raise about $40 billion in fiscal 2027 to help fund its artificial intelligence (AI) data center ...
Oracle Corp. is preparing to lay off thousands of workers across its business units to ease a cash shortage caused by its aggressive expansion of AI-powered data centres, a Bloomberg report said, ...
Artificial intelligence has created an unusual investing environment. Companies willing to spend hundreds of billions of dollars building data centers are being rewarded with enormous growth ...
Oracle stock just posted its worst weekly drop since the 2001 dot-com bust. Here is what the financials say about the debt ...