Hammered by the general software selloff and AI debt concerns, shares of Oracle have shed 22% over eight trading sessions ...
Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
Oracle cofounder Larry Ellison's net worth has slumped below $200 billion after his company's stock was caught up in the software sell-off.
The tech giant has invested huge sums in the AI infrastructure buildout in recent times.
Investors allege Oracle misled them about AI infrastructure returns while top executives unloaded shares at inflated prices.
Nvidia’s OpenAI pivot puts Oracle’s accounting in the spotlight.
Feb 1 (Reuters) - Oracle expects ​to raise $45 billion to $50 billion in 2026 to build additional capacity ‍for its cloud ...
The database and cloud software company assured investors that NVIDIA and OpenAI's supposedly lofty deal won't help or hurt ...
The software giant wants to expand its cloud infrastructure, even as its stock trails and investor concerns deepen.
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
As of Friday, Oracle shares had dropped more than 50% from last year's high, but were once again rising by Monday morning.
Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build ...