Shares of Oracle (ORCL) tumbled 8.53% on June 11 as investors are concerned about the company's plans to raise more money to fund its AI buildout, overshadowing better-than-expected fiscal ...
One of the world’s most active ransomware groups exploited a critical vulnerability in Oracle’s PeopleSoft software suite and used it to target about 100 customers and extort at least one of them to ...
Oracle shares are in decline Thursday premarket after the software and cloud-computing company reported a more than twofold increase in capital expenditures. Capex for the fiscal year that closed at ...
Shares in Oracle have fallen by about 8% driven by the software company's reporting of higher-than-expected capital expenditures. Super Micro Computer's stock is up more than 6% after plunging by ...
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 ...
This concludes TheStreet’s coverage of Oracle’s Q4 2026 earnings. While the hyperscaler bested analyst expectations to cap off its fiscal year 2026, the company also spent more than expected on its ...
Most people don't think about Oracle the way they think about Nvidia or Broadcom. It doesn't have the same flashy artificial intelligence (AI) narrative. It started as a CIA database project in 1977.
NASHVILLE, Tenn. (WKRN) — The East Bank Development Authority is highlighting where the development stands in the first quarter of 2026. EBDA officials said they are partnering with the Tennessee ...
The U.S. Department of Veterans Affairs plans to go live April 11 with its new Oracle Health EHR at four medical centers in Michigan, The Detroit News reported April 10. The sites will be Ann Arbor, ...
Pacific Investment Management Co. is in discussions with Bank of America (BAC) to help provide ~$14 billion of debt financing for an Oracle Corp. (ORCL) data center in Michigan. The financing would be ...
Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, ...