Investor Chamath Palihapitiya highlighted Oracle Corp.’s (NYSE:ORCL) surging credit default swaps, hinting at growing unease ...
Oracle is investing heavily in artificial intelligence, and it may be taking on too much risk in the process. Its top-line results fell short of expectations in its most recent quarter. The company ...
Oracle ORCL delivered a milestone in the first quarter of fiscal 2026 as its Remaining Performance Obligations (RPO) soared 359% year over year to $455 billion, signaling one of the largest backlogs ...
(Reuters) -OpenAI has signed a contract to purchase $300 billion in computing power over roughly five years from Oracle, among biggest in history, the Wall Street Journal reported on Wednesday.
The deal is one of the largest cloud contracts ever signed, reflecting how spending on AI data centers is hitting new highs despite mounting concerns over a potential bubble. Oracle Shares Skyrocket ...
Oracle ORCL is making a bold bet on cloud expansion as the foundation of its long-term growth path. In the first quarter of fiscal 2026, Oracle Cloud Infrastructure (OCI) revenues climbed 55% year ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...
The majority of new revenue revealed by Oracle will come from OpenAI deal, sources say. Oracle Shares Skyrocket as Software Giant Scores Massive AI Deals Co-founder Larry Ellison's fortune rises by ...