PIMCO bought $10B of Oracle's record $16.3B data centre bond deal after US banks pulled back. The Michigan campus is part of $72B in Stargate infrastructure debt with a 19.5-year maturity.

Wedbush initiated coverage of Oracle (NYSE:ORCL | ORCL Price Prediction) on April 24 with an Outperform rating and a $225 ...

Oracle Corporation on Monday announced the appointment of Hilary Maxson as its new Chief Financial Officer (CFO), just days after the technology giant carried out a sweeping round of layoffs that ...

Dan Ives of Wedbush Securities says defense AI is a generational spending cycle with Palantir (PLTR) as the first mover, while Oracle (ORCL) and Microsoft (MSFT) will capture infrastructure and ...

Dan Ives of Wedbush Securities has been one of the loudest voices calling defense AI a generational spending cycle, and his latest comments make the investment thesis more concrete. Asked about the ...

April 1 (Reuters) - Data center developer Related Digital is closing in on $16 billion of financing for an Oracle (ORCL.N), opens new tab data center in ‌Michigan, a source familiar with the matter ...

Oracle’s recent earnings report showed that the company exceeded third-quarter expectations and raised its fiscal 2027 revenue target to $90 billion, surpassing the consensus estimate of $88 billion.

Connecting the dots: Will Oracle be the first major company to falter amid the looming AI bubble? Analysts are scrambling to interpret what is really happening at the cloud giant, as co-founder Larry ...

Oracle reported stronger-than-expected third-quarter revenue on Tuesday, signaling continued demand for its enterprise software and cloud services. At the same time, the tech giant outlined ambitious ...

Oracle and OpenAI have scrapped plans to expand their flagship Stargate data centre in Abilene, Texas, after months of failed negotiations over financing and shifting demand. The collapse comes ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle and OpenAI have abandoned plans to expand their flagship data centre site in Texas, walking away from a ...