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ORACLE AI RELIANCE
Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
Tech companies tap debt markets to fund AI and cloud expansionLast month, Alphabet, Amazon, Microsoft and Meta signaled that spending on AI would not slow down, with the tech giants' combined spending ...
US stocks today: Nasdaq, S&P 500 end lower on renewed AI growth worries ahead of big tech earningsU.S. stocks retreated from record highs as concerns over the AI boom and OpenAI's performance weighed on tech shares. Investors are anticip...
Ahead of Market: 10 things that will decide stock market action on WednesdayNifty 50 and BSE Sensex declined amid selling in banking, auto and IT stocks. Markets remain range-bound, awaiting triggers, with analysts ...
US stocks today: Nasdaq underperforms S&P 500, Dow as AI growth worries hit tech stocksThe Nasdaq Composite saw a decline on Tuesday. Investors are questioning the sustainability of the artificial intelligence boom for tech st...
U.S. Stock Market today: S&P 500, Nasdaq, Dow Jones trading to be hugely driven by these factors on TuesdayU.S. Stock Market on Tuesday is heading for mixed opening with S&P 500, Nasdaq, Dow Jones are set for volatile trading.
Ahead of Market: 10 things that will decide stock market action on FridayEquity markets fell for a second session as IT, auto and financial stocks weighed on sentiment. Nifty and Sensex declined, volatility rose,...
Global Markets | Hedge funds pour hopes into tech even as AI jitters rattle, says HazeltreeGlobal hedge funds' most crowded long trades in February centered on technology stocks, data from securities lending provider Hazeltree sho...
US Energy Department signs AI collaboration deals with Big Tech for Genesis MissionThe mission is a national program aimed at using artificial intelligence to accelerate scientific research and strengthen U.S. energy and s...
Dow, S&P 500 post record closes; Oracle drags on NasdaqThe S&P 500 and Dow Jones closed at record highs Thursday, driven by financial stocks after a less hawkish Federal Reserve. The Nasdaq lagg...
Oracle's 14.4% plunge weighs on Wall StreetThe Nasdaq experienced a one-week low as Oracle's significant AI spending plans overshadowed a dovish Federal Reserve. Oracle's stock plumm...
Oracle's OpenAI reliance faces scrutiny as debt-fueled AI buildout raises worriesAnalysts have said a big portion of Oracle's capital expenditure is tied to OpenAI-related datacenters. That has sparked investor worries a...
OpenAI strives for Tata hand to grow footprint in IndiaA partnership with the Tata Group would mark the beginning of OpenAI’s Stargate India chapter while accelerating TCS’ ambition of becoming ...
Oracle stock plunges 30% as heavy debt and AI uncertainty rattle markets — is ORCL’s deep slide a genuine buy-the-dip opportunity or another warning sign?Oracle stock has fallen nearly 30% in a month as debt worries and AI-related uncertainty hit sentiment. The company has added tens of billi...
Will Moody’s and S&P reclassify Oracle’s bonds as junk debt? Key points investors need to knowOracle’s credit risk is rising fast as its $300 billion AI contracts and massive cloud build-out push debt above $100 billion and toward 4x...
Oracle’s debt mountain grows: $56 billion in new borrowing as cash flow turns deeply negativeOracle’s Debt Crisis Deepens: Oracle is under pressure as its debt load jumps by $56 billion while free cash flow turns sharply negative. T...
Moody's flags risk in Oracle's $300 billion of recently signed AI contractsMoody's Ratings has identified potential risks in Oracle's $300 billion AI contracts, particularly concerning reliance on a few AI companie...
Oracle's $244 billion single-day rally as big as entire IT trinity of TCS, Infosys, HCL TechOracle's shares surged by 36%, adding $244 billion to its market cap after projecting substantial cloud infrastructure revenue growth, pote...
OpenAI Google partnership: OpenAI taps Google Cloud to boost computing capacityOpenAI has added Google Cloud as a computing partner to meet growing AI demands, joining Microsoft, Oracle, and CoreWeave. The move, finali...
Massive valuation: OpenAI in talks to raise up to $40 billion that would value ChatGPT owner at a whopping $340 billion, says reportThe funds will support key initiatives like the Stargate project and help reduce OpenAI’s reliance on Microsoft as it shifts to a for-profi...