Oracle's big rally triggered a rush for bullish bets tied to the company. The shares surged almost 40% in early trading Friday, a move that's more akin to those recorded by meme stocks than tech ...
Details are emerging on the structure of the TikTok U.S. sales to Oracle and its partners. Oracle may not gain ownership of the TikTok algorithm, but only a license to use it. It's been about a week ...
ABILENE, Texas—ChatGPT parent OpenAI, cloud giant Oracle, and investment firm SoftBank are opening five new data centers across the country, expanding the footprint of the government-backed artificial ...
Debt investors are more than happy to finance Oracle’s artificial-intelligence buildout. The software company sold $18 billion of new investment-grade bonds on Wednesday, up from initial guidance of ...
Rothschild & Redburn analyst Alex Haissl initiated Oracle stock with a sell rating this morning. Haissl's $175 price target implies Oracle stock will fall 40% over the next 12 months. Oracle could ...
American technology company Oracle was founded over 50 years ago and it has remained relatively quiet since the artificial intelligence (AI) bubble inflated and took off in 2022. That was until a ...
Abu Dhabi-based investment company MGX, Oracle and private equity company Silver Lake reportedly were in advanced talks to be the main investors in the US version of TikTok. CNBC reported the three ...
According to the agency report, the arrangement which was outlined on Monday seeks to ensure that the American buyers control TikTok’s recommendation software in the United States after the divestment ...
WASHINGTON — Tech giant Oracle will receive a copy of TikTok’s algorithm to operate for U.S. users, according to a senior official in President Donald Trump’s administration on Monday. Determining ...
OpenAI is planning to build five new data centers in the United States as part of the Stargate initiative, the company announced on Tuesday. The sites, which are being developed in partnership with ...
The cuts will likely hit new apps and functionality the hardest, but analysts are divided on how legacy applications will fare. Oracle’s announced $1.6 billion restructuring plan is barely underway, ...
Google says hackers associated with a prolific ransomware group are sending extortion emails to executives at “numerous” large organizations after claiming to have stolen their sensitive information ...