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 ...

RUNNING A GIANT software business used to be fun. Sure, coming up with a great product was a grind. But once you had one that customers could not live without—be it Microsoft Office, Amazon.com, ...

Oracle's latest analyst consensus price target has edged down, moving from $344.04 to $342.28. This cautious revision comes amid evolving views on the company’s prospects, shaped by both bullish and ...

Oracle's stock has plunged since hitting an all-time high in September as the company has become a poster child for growing investor concerns that an AI bubble has formed. The company is enmeshed in ...

Oracle's stock price target remains unchanged at $344.04 per share, even though the discount rate increased slightly from 8.86% to 8.91%. This consistent fair value estimate reflects both optimism for ...

Multiple shell companies tied to a data center project in Port Washington paid handsomely for 2,000 acres of farm land. Dozens of city meetings hashed out annexations, zoning, a development agreement ...

Big Tech companies are on track to spend hundreds of billions of dollars this year to build out artificial-intelligence infrastructure — but the real amount is even higher than headline numbers ...

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 ...

Oracle Corporation is poised for hypernuclear growth, driven by a 359% YoY surge in RPO and a potential $20B deal as Meta considers tapping Oracle for AI cloud compute. Plus, it is highly likely that ...

Oracle's data center revenue rose sharply last quarter as demand from AI developers for capacity continued to outstrip supply. Its remaining performance obligation rose by a remarkable 359% year over ...