Blue Owl Won’t Back $10 Billion Oracle Data Center Deal
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Oracle lost a major financing partner for its Michigan data center, adding pressure to an already difficult week for the stock. The market is pricing Oracle bonds as riskier than its official credit ratings suggest.
Three months ago, Oracle Corp.’s scorching earnings outlook sent the shares soaring to their best day in three decades. But a quarter later, things look very different for the database
Oracle continues to secure major cloud deals, but investors are more concerned with converting those deals into realized revenue.
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Oracle data center setback triggers market drop, revives AI bubble fears
The U.S. New York stock market fell across the board on the 17th, local time. Notably, the tech-heavy Nasdaq index dropped by more than 1.8%. The market was directly impacted by reports that Oracle, a leading U.