Oracle (ORCL) is burning cash for AI, while still paying out $1.4B in dividends. Larry Ellison holds 40% ORCL stock. 2 more ...
How much are big tech companies cutting back on sending money to shareholders as they ramp up their AI development spending?
Oracle's Cloud revenues surged 34% YoY, with Oracle Cloud Infrastructure up 68%, and RPOs soared 438% to $523B. Check out ORCL stock is upgraded to a Buy.
This article adheres to strict editorial standards. Some or all links may be monetized. Investing is a notoriously noisy industry, but Warren Buffett has always managed to cut through the clutter with ...
Oracle's Chief Technology Officer (CTO) and billionaire Larry Ellison has personally pledged $40.4 billion to back his son’s Paramount takeover bid for Warner Bros. Discovery, aiming to keep the ...
What To Know: Reports last week indicated a consortium led by Oracle and including private equity firm Silver Lake and UAE-backed investor MGX have reportedly agreed to acquire a minority stake in ...
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 ...
Abu Dhabi's state investment fund will also be a managing investor. By Alex Weprin Senior Editor The TikTok sale is officially happening, with a consortium of American investors set to take over U.S.
LKQ confirmed it was affected by Oracle E‑Business Suite breach, exposing SSNs and EINs of about 9,000 people Cl0p is believed to be responsible, claiming terabytes of LKQ data stolen via ...
Oracle is simultaneously planning heavier capital expenditures and signing up for leases to meet demand for cloud infrastructure for artificial intelligence customers such as OpenAI. The company ...
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 ...
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