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ORACLE ENTERPRISE SPENDING
Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolong...
Oracle's AI spending blows past estimates, raising worries over growing debtOracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to position itself as a ma...
Healthtech unicorn Innovaccer acquires CaduceusHealth amid AI pushThe Caduceus acquisition will add nearly 200 employees to Innovaccer’s rolls and open up a new avenue for the company in revenue cycle mana...
US stock market crashes today: Dow Jones, S&P 500, and Nasdaq fall hard as bond yields hit 19-year high - Nvidia, Broadcom, AMD, and Amazon lead massive Wall Street selloffUS stock market crashes today as Dow Jones, S&P 500 and Nasdaq plunge. The Dow Jones Industrial Average dropped more than 237 points, while...
‘No coders or managers’: 1 lakh tech jobs gone, but one type of engineer is becoming untouchable, and the ₹60.5 lakh crore reason whyTech giants are shedding over 1 lakh jobs in 2026, including significant cuts at LinkedIn, Cisco, and PayPal, despite record AI investments...
Oracle leaves freshers in limbo; D2C carts go coldHappy Friday! Oracle has started pulling back campus offers from top institutes, leaving students caught in the crossfire. This and more in...
US Stock Market: OpenAI growth concerns spark broad selloff in AI-linked stocksA broad selloff swept across artificial intelligence–linked stocks after a report indicated that OpenAI failed to meet key sales and user g...
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 ...
At SpaceX, AI is burning the cash that Starlink earnsSpaceX's ambitious IPO plans reveal a pivot towards AI, with significant capital spending allocated to its AI division, xAI. While Starlink...
At SpaceX, AI is burning the cash that Starlink earnsSpaceX's IPO pitch reveals a significant shift towards AI, with the company's AI division consuming 61% of its 2025 capital spending. Despi...
US Stock Market | Oracle sees AI boom through at least 2027, sending shares up 8%Oracle on Tuesday predicted that the AI data center boom will power its revenue above Wall Street estimates well into 2027, sending its sha...
Oracle default fears surge as credit swaps spike to 2-year high - is AI taking its toll?Oracle default fears surge as its credit-default swaps jump to a two-year high, signaling rising investor anxiety. The five-year CDS spread...
IT cos on alert as hyperscalers eye a slice of enterprise spendsIT companies have so far been able to compensate for this impact through higher volumes from customers, which allowed revenues to grow. In ...
Oracle eyes $20 billion AI cloud computing deal with Meta, source saysOracle is reportedly in discussions with Meta for a substantial multi-year cloud computing agreement valued at approximately $20 billion. T...
Oracle forecasts Q3 revenue below estimates on weak cloud spending, shares fallSticky inflation and high borrowing costs have forced firms to cut back on expenditure, hurting companies like Oracle that depend on enterp...
Oracle partners Airtel to boost cloud business in IndiaOracle is partnering with Bharti Airtel's data centre unit in an expansion push that will widen the US company's customer access in one of ...
SpringPeople teams up with Oracle to offer its range of software trainingThe demand for enablement on emerging technologies has grown by over 500% since 2017.
Cloud computing is reshaping the Indian IT market: Sandeep Mathur, Oracle IndiaAccording to a Forbes report, in the 6 months into fiscal 2014, Oracle's cloud subscription revenues rose by 22% to $513 million from $421 ...
Oracle, SAP fight for market share in India as enterprises become more reliant on technologyAs Indian enterprises become more sophisticated consumers of technology, Oracle with $37 bn in global sales and $18-bn SAP are striving har...
- Oracle-Sun deal to create a $1.5 bn entity in India
This transaction will help Oracle address newer segments of India’s $34 billion market for IT products and services. Sun, Oracle unlikely t...