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Fresh concerns about data-center funding weighed down Oracle’s stock on Wednesday, but the selloff is looking overdone to some on Wall Street. Christine Ji is a reporter covering Big Tech.
Multiple media outlets, including the Associated Press, reported that ByteDance has reached an agreement with Oracle ORCL, Silver Lake, and Abu-Dhabi-based MGX to set up a joint venture for TikTok’s ...
Michigan regulators unanimously approved a request from utility DTE Energy Co. to power a massive data center development planned by Oracle and OpenAI, during a contentious hearing where some members ...
SALINE TWP., MI — Reports have surfaced that funding for a controversial hyperscale data center project in a rural Michigan community near Ann Arbor is up in the air. But a Big Tech giant and its ...
Shares of the cloud infrastructure and database giant Oracle Corp. fell more than 4% during regular trading today after a Financial Times report claimed that one of its key financial partners, Blue ...
Oracle (ORCL) shares slid around 6% after the Financial Times reported that talks with private capital group Blue Owl Capital (OWL) to finance a planned $10B data center in Michigan collapsed. This ...
Oracle Corp. said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center ...
Oracle (ORCL) stock fell more than 5% Wednesday after the Financial Times reported that private lender Blue Owl Capital (OWL) will not back a $10 billion deal for its next data center as the software ...
Memphis, Tenn.-based Methodist Le Bonheur Healthcare is the latest health system to report being impacted by an early 2025 data breach involving Oracle Health. In April, the EHR vendor notified the ...
Oracle shares fell more than 11% in after-hours trading on Wednesday after the database and cloud firm said it burned roughly $10 billion in the November quarter due to spending on data centers for ...
Formula 1 has always been a sport defined by extremes, where milliseconds separate victory from defeat and human skill is pushed to its limits. But behind the roar of engines and the spectacle of pit ...
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