Nvidia and Oracle rallied, helping to pare their respective losses in the past month, on hopes that the AI trade is not about to burst, and bolstering hopes that Santa hasn’t forgotten Wall Street.
TikTok, which has become a hot topic in the US market, seems to be nearing the end of its long-running ownership saga. The social media company seems to be in the final stage of selling its US ...
Forbes contributors publish independent expert analyses and insights. Peter Cohan, a Boston-based senior contributor, covers stocks. The likelihood of a severe "OpenAI bankruptcy cascade" scenario has ...
Oracle's credit-default swaps are trading at levels unseen since the financial crisis. Oracle's earnings report last week didn't do much to soothe concerns about how the company will fund its ...
Oracle stock fell 11% today, as investors fret over how much the company is spending to build out AI data centers for OpenAI and others. Oracle Chairman Larry Ellison, whose roughly 40% stake has made ...
LONDON, Dec 11 : The cost of insuring Oracle's debt against the risk of default has shot up after its latest earnings reignited worries about how much the broader corporate sector is spending on AI ...
LONDON, Dec 11 (Reuters) – The cost of insuring Oracle debt against ‍default surged on Thursday to its highest in at least five years, after the company’s ‌results missed forecasts, ‌reigniting ...
Shares of Oracle plunged 14% Thursday morning and sent a shiver through the entire AI trade as investors questioned the sustainability of Big Tech's spending Oracle's revenue miss stoked concerns of ...
Oracle (ORCL) stock fell nearly 11% Thursday after the tech firm's quarterly AI costs rose ahead of Wall Street's expectations and revenue fell short. Oracle reported capital expenditures of $12 ...