When it comes to artificial intelligence, Amazon.com and Oracle face plenty of skepticism from investors, whether due to their competitive positioning or their financing strategies. But that could ...
Alphabet set to buy data center, energy infrastructure developer Intersect for $4.75 billion in cash
Alphabet announced an plan to buy Intersect for $4.75 billion to secure power for US data centers. The move comes as tech firms face rising grid constraints and AI infrastructure project delays.
LONDON, Dec 11 (Reuters) - The cost of insuring Oracle (ORCL.N), opens new tab debt against default surged on Thursday to its highest in at least five years, after the company's results missed ...
Oracle’s $2.26 EPS beat relied on a $2.7B one-time gain. Core earnings missed at $1.33 versus $1.64 expected. CapEx guidance jumped $15B to $50B for fiscal 2026. Free cash flow burned $10B for the ...
Shares of Oracle plunged 14% Thursday morning and sent a shiver through the entire AI trade as investors questioned the sustainability of Big Tech's spending Oracle's revenue miss stoked concerns of ...
Look at Oracle if you want to assess the sustainability of the AI investment boom: Its credit default swaps are emerging as a way to 'hedge the entire debt cycle within AI' For a few brief weeks in ...
The University of Phoenix (UoPX) has joined a growing list of U.S. universities breached in a Clop data theft campaign targeting vulnerable Oracle E-Business Suite instances in August 2025. Founded in ...
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 ...
The latest battle in the fight on how to redevelop Sykesville’s historic Warfield property is set for Wednesday during a meeting of the town’s Board of Zoning Appeals. Developer Warfield Companies is ...
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