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 ...
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 ...
Oracle SEC filing reveals $248 billion in data center deals "Current" and "expected" demand are pushing widespread expansion Public, bank and private debts are providing the cash needed to grow Oracle ...
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 ...
Oracle’s results are incredibly impressive. Oracle has a clear runway for future growth. Microsoft has a better risk/reward profile than Oracle. Investors are concerned that Oracle's spending is too ...
After a detailed analysis of Oracle, the following trends become apparent: A Price to Earnings ratio of 36.08 significantly below the industry average by 0.64x suggests undervaluation. This can make ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle’s largest data centre partner Blue Owl Capital will not back a $10bn deal for its next facility, as the ...
Probe to focus on EY audit of Shell's 2024 financial statements EY says it will continue to co-operate with FRC Shell says 2023 & 2024 financial statements remain unchanged Dec 15 (Reuters) - ...
As the development firm Oppidan explored building a large-scale data center in North Mankato, they emailed a request: “Can the city sign an NDA?” Five minutes later, North Mankato said yes. The city’s ...
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Oracle’s collapsing stock shows the AI boom is running into two hard limits: physics and debt markets
Oracle’s rapid descent from market darling to market warning sign is revealing something deeper about the AI boom, experts say: no matter how euphoric investors became over the last two years, the ...
Dec 30 (Reuters) - Meta Platforms (META.O), opens new tab is buying AI startup Manus to deepen its push into agentic AI, aiming to embed the technology across its platforms as competition for ...
Corin Cesaric is a Flex Editor at CNET. She received her bachelor's degree in journalism from the University of Missouri-Columbia. Before joining CNET, she covered crime at People Magazine and ...
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