Oracle shares on pace for worst quarter since 2001 as new CEOs face concerns about AI buildout
Oracle CEO Clay Magouyrk speaks at a Q&A session following a tour of the OpenAI data center in Abilene, Texas, ...
Tag: Oracle
Oracle stock dips 5% on report Blue Owl Capital won’t back $10 billion data center
Oracle stock dipped about 5% on Wednesday following a report that discussions with Blue Owl Capital on backing a $10 ...
Oracle says there have been ‘no delays’ in OpenAI arrangement after stock slide
Oracle CEO Clay Magouyrk appears on a media tour of the Stargate AI data center in Abilene, Texas, on Sept. ...
Broadcom tumbles 11% despite blockbuster earnings as ‘AI angst’ weighs on Oracle, Nvidia
Broadcom CEO Hock Tan.Lucas Jackson | ReutersBroadcom's quarterly results and guidance sailed past Wall Street estimates. It didn't matter. The ...
AI-led tech slide extends into third day as Oracle, Nvidia, fall in premarket trading
U.S. artificial intelligence names were in negative territory in premarket trading on Friday, extending losses into their third day. Oracle ...
S&P 500, Nasdaq trade lower on Oracle AI spending jitters
Wall Street's tech-heavy Nasdaq slipped to a one-week low on Thursday as fresh worries over Oracle's hefty AI spending plans ...
Market Wrap: Sensex rises 427 pts, Nifty above 25,850 as D-St breaks 3-day slide after Fed cut
Indian equities snapped a three-day losing streak on Thursday, with the Sensex and Nifty staging a broad-based rebound after the ...
Oracle plummets 11% on weak revenue, pushing down AI stocks like Nvidia and CoreWeave
Oracle shares sank 11% in extended trading on Wednesday after the database software maker reported lower quarterly revenue than expected ...
US stocks subdued ahead of Fed interest rate verdict
Wall Street stocks were little changed early Wednesday as markets traded cautiously ahead of a US Federal Reserve decision expected ...
Big Short’ investor Burry targets AI boom with new blog after hedge fund closure
"The Big Short" investor Michael Burry, a vocal skeptic of the current AI boom, took aim at Nvidia as he ...
