When it comes to artificial intelligence, Amazon.com and Oracle face plenty of skepticism from investors, whether due to their competitive positioning or their financing strategies. But that could ...
Distressed Chinese property developer Vanke’s potential debt restructuring constitutes a one-off, technical default, and was not likely to result in contagion effects, according to an HSBC report. The ...
Your iPhone uses preinstalled Apple apps by default for system actions like opening links, making phone calls, and more. But iOS lets you set new default apps in a ...
Alphabet set to buy data center, energy infrastructure developer Intersect for $4.75 billion in cash
Alphabet announced an plan to buy Intersect for $4.75 billion to secure power for US data centers. The move comes as tech firms face rising grid constraints and AI infrastructure project delays.
Sony Interactive Entertainment announced that Sucker Punch lead and co-founder Brian Fleming will step down after nearly three decades. Starting at the beginning of 2026, creative and technical ...
Oracle's credit-default swaps are trading at levels unseen since the financial crisis. Oracle's earnings report last week didn't do much to soothe concerns about how the company will fund its ...
LONDON, Dec 11 (Reuters) - The cost of insuring Oracle (ORCL.N), opens new tab debt against default surged on Thursday to its highest in at least five years, after the company's results missed ...
Oracle’s $2.26 EPS beat relied on a $2.7B one-time gain. Core earnings missed at $1.33 versus $1.64 expected. CapEx guidance jumped $15B to $50B for fiscal 2026. Free cash flow burned $10B for the ...
LONDON, Dec 11 (Reuters) - The cost of insuring Oracle's debt against the risk of default has shot up after its latest earnings reignited worries about how much the broader corporate sector is ...
Shares of Oracle plunged 14% Thursday morning and sent a shiver through the entire AI trade as investors questioned the sustainability of Big Tech's spending Oracle's revenue miss stoked concerns of ...
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