1 Day ORCL 1.10% DJIA 0.60% S&P 500 0.32% Technology 0.29% The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the ...
OpenAI's partners, including SoftBank and Oracle, are shouldering nearly $100 billion in debt linked to the AI firm, which itself carries minimal debt. This strategy leverages others' balance sheets, ...
Oracle might have an OpenAI problem. Oracle (ORCL) stock has tumbled over 40% from its September peak, erasing more than $360 billion from its market capitalization. Nearly $67 billion of that decline ...
Oracle is aggressively building out AI data centers, most notably for OpenAI under a massive multi-year deal The company's balance sheet is already loaded with debt, and more debt is being piled on to ...
A credit-risk gauge on Oracle Corp. debt closed at the highest level since the financial crisis after a flood of bond sales from tech giants amplified concerns that a bubble is forming in the ...
ChatGPT-developer OpenAI has issued a “code red” warning to staff on fears it is losing its crown to Alphabet-owned Google as the leading AI company.
Oracle Corp. engages in the provision of products and services that address aspects of corporate information technology environments, including applications and infrastructure technologies. It ...
Weaker-than-forecast quarterly data for Larry Ellison’s tech company shows slowdown in revenue growth and big rise in spending Business live – latest updates Oracle’s shares tumbled 15% on Thursday in ...
Newark, Del.-based ChristianaCare is the latest health system to confirm it was affected by a cybersecurity incident involving its EHR vendor, Oracle Health, formerly known as Cerner. In a post on its ...
The potential financing would back projects developed with Vantage Data Centers, a partner in earlier efforts to expand capacity for OpenAI workloads. Banks have shown continued interest in supporting ...
Oracle's $300 billion AI infrastructure deal with OpenAI has raised concerns about the company's debt. Oracle will need to borrow heavily to build AI data centers, and OpenAI's ability to pay is an ...
Bottom line: A key measure of credit risk linked to Oracle has climbed to its highest level in three years, and Wall Street analysts warn that pressure is likely to intensify next year unless the ...