OpenAI, Oracle and SoftBank on Tuesday, September 23 announced plans for five new artificial intelligence data centers in the United States to build out their ambitious Stargate project. US President ...
Oracle is spending aggressively on cloud and AI infrastructure, but its free cash flow is already showing strain. High debt and thin liquidity make Oracle more financially vulnerable. Execution risk ...
A deal to prevent a US TikTok ban is now in place. The app’s algorithm will be copied, overseen by Oracle, and retrained using only American user data. This new, separate system addresses national ...
The U.S. House of Representatives has passed a bill to modernize the Veterans Affairs' claims process. The bill calls for developing an artificial intelligence system that will retrieve data, provide ...
Producer prices fall unexpectedly in August Oracle's forecast boosts chipmakers, power supply companies Barclays, Deutsche Bank raise S&P 500 2025 year-end target S&P 500 +0.30%, Nasdaq +0.03%, Dow -0 ...
The optimism was echoed by analysts. Piper Sandler’s Brent Bracelin maintained an Overweight rating and raised the price forecast from $270 to $330, highlighting Oracle’s transformation from a ...
For millions of Spotify users, the "Wrapped" feature—which crunches the numbers on their annual listening habits—is a highlight of every year's end, ever since it debuted in 2015. NPR once broke down ...
Oracle’s ORCL remaining performance obligations for the first quarter increased 359% to $455 billion, primarily due to expanding relationships with large language model providers. Management also ...
(Reuters) - The S&P 500 and Nasdaq notched record-high closes on Wednesday, as Oracle surged and cooler-than-expected inflation data supported expectations the U.S. Federal Reserve will cut interest ...
Texas state Rep. James Talarico announced Tuesday that he is running for the Democratic nomination for Senate, challenging former Reps. Colin Allred and Beto O'Rourke, and former astronaut Terry Virts ...
Oracle executives are discussing eliminating cash raises and cash bonuses for employees this year, The Information reported on Monday. The firm might offer employees additional stock grants to make up ...
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