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IMPACT OF AI ON ORACLE INVESTMENTS
OFSS shares tumble 5% after Oracle sends 'force majeure' notice for data centre project. Are AI worries coming true?Oracle Financial Services Software (OFSS) shares tumbled over 5% after parent company Oracle issued a force majeure notice regarding a mass...
Global Market: Japanese shares rise on AI stocks, dividend buying; Nikkei up 1.2%Japanese shares rose on Friday, led by AI and chip stocks, while investors bought shares ahead of Monday’s mid-term dividend eligibility de...
Oracle, Blue Owl project delay sends ripples through AI financingOracle's move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico sent a chill ...
US stocks: S&P 500 ends nearly flat as US-Iran talks help stocks pare lossesS&P 500 ended almost flat as Microsoft declined, while Meta Platforms recorded gains amid ongoing market fluctuations. Oil prices surged fo...
Why is Oracle stock crashing today at NYSE, Wall Street? Check reason behind ORCL share price bloodbath on ThursdayOracle Share price today: Oracle is aiming to delay payments should the data center dubbed Project Jupiter get derailed and fail to come on...
Oracle cites 'force majeure' to shield itself on controversial data centre: Bloomberg NewsOracle is seeking to protect itself from potential cost increases related to a large data center project in New Mexico by sending a "force ...
SoftBank's growing bets on AI and semiconductor assetsFounder and Chief Executive Masayoshi Son is aiming to establish SoftBank as the world's leading AI platform with investments across the se...
OFSS shares tumble 7%; Wipro, Coforge, Infosys shares down up to 2%. Why are IT stocks under pressure today?Shares of OFSS fell over 7% while top IT stocks including Infosys, Wipro, and Coforge dropped up to 2% on Monday. The drag comes following ...
Trump says he will create 'AI Force' like Space Force, name AI czar; calls attack on AI latest 'Hoax'US President Donald Trump said in a Truth Social post that he is forming an "AI Force", like the Space Force of his first term, and will so...
Oracle's $18 billion data center debt under pressure, FT reportsThe development comes amid concerns that growing local opposition to the project over fears it would impact water supply and air quality co...
SoftBank adds $21 billion to AI firepower in new debt dealsThe Japanese conglomerate increased its margin loan backed by shares of its chip unit Arm Holdings Plc by $5 billion to $25 billion, people...
UPI MDR explained; AI leaders split on slowing downUPI’s new MDR framework will change how large merchant payments are charged. This and more in today’s ETtech Top 5.
Oracle begins new round of layoffs: ReportPer documents accessed by the publication, emails were sent to impacted employees across multiple departments. They were offered four week ...
Oracle layoffs: Long-serving employees along with strong performance ratings are also among those affected; India layoffs may followOracle has reportedly begun a new wave of layoffs impacting staff throughout the United States. Those affected were shocked to find their j...
Oracle begins new round of layoffs: Logins stopped by 4 a.m., Slack disconnected by 5:30 a.m., then came the dreaded ‘6 a.m. email’; more job cuts likely in IndiaOn September 14, Oracle commenced yet another wave of considerable layoffs, revealing a stringent approach to workforce management. Notific...
Oracle earnings show slower cash burn as AI spending starts to pay off; stock jumps 4% after marketOracle’s latest earnings offered investors relief as stronger-than-expected revenue and a smaller cash burn eased concerns over its heavy A...
Oracle tops estimates as AI demand tempers cash-burn fearsShares of the company, which have slumped more than 21% this year, rose 4% in extended trading after Oracle reported a jump in revenue back...