Oracle (NYSE:ORCL | ORCL Price Prediction) shares are spiking 11% higher on Monday, moving from $138.09 to $153 in heavy ...

Pacific Investment Management Co. (Pimco) is seeking to offload portions of a massive $14 billion debt package linked to Oracle Corp.’s (ORCL) massive data center development in Michigan, according to ...

Oracle on Tuesday reportedly began notifying employees that it is moving forward with a round of layoffs as the company looks to reduce costs. The number of layoffs is in the thousands, according to a ...

Microsoft Corp. will occupy a data center project previously earmarked for Oracle Corp. and OpenAI, scooping up 900 megawatts of capacity after the other two companies walked away from the site. The ...

Democratic senator Elizabeth Warren and Republican senator Josh Hawley are urging the US’s central energy information agency to provide better information on how much electricity data centers actually ...

Oracle announced a suite of agentic AI capabilities integrated directly into Oracle AI Database, enabling AI agents to securely access enterprise data where it already exists, rather than requiring ...

Oracle is increasingly well positioned to benefit from AI through its infrastructure software segment and by embedding AI into its applications. Oracle’s leverage adds risk to the investment thesis.

Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...

OpenAI's current challenges are negatively affecting Oracle's stock and bonds. This raises doubts about Oracle's expansion of its data center infrastructure. Oracle's return on invested capital has ...

Last week saw Oracle (ORCL) shares gain while rival neoclouds CoreWeave (CRWV) and Applied Digital (APLD) lost ground. Expect shares to be under pressure on Monday, as the broader market looks poised ...

OpenAI (OPENAI) and Oracle (ORCL) have decided not to expand their data center site in Abilene, Texas, from 1.2 GW to 2 GW, according to Bloomberg. Apparently, Oracle and OpenAI's expansion plans were ...

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs. The collapsed talks ...