Oracle experienced a dramatic 60% drawdown after reaching a 52-week high, highlighting volatility in its AI-driven data center strategy. Read why ORCL is a Hold.
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Ellison began 2025 as the fourth richest person in the world with a net worth of $192 billion. That came after rising up the billionaires list after ranking eighth at the end of 2023. While Ellison ...
Almost 20 years after it initially set up shop, American electric car maker Lucid is at a point in its history when it feels confident enough to launch its first official pre-owned vehicle program.
NEW YORK, Dec 12 (Reuters) - The red-hot trade backing artificial intelligence-related stocks has taken a bruising from back-to-back troubling updates from Oracle and Broadcom, reigniting concerns ...
First Brands’ $1.1 billion super-senior rescue loan plunged to as low as 30 cents on the dollar in early December, an unusually rapid collapse for court-approved financing. The drop reflects confusion ...
Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.
Oracle’s quarterly earnings topped expectations, but revenue came up short. Investors have question whether the company’s artificial intelligence investments are justified. Oracle picked up ...
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 ...