Oracle said on Sunday it planned to raise $45 billion to $50 billion of gross cash proceeds during the 2026 calendar year to build additional capacity to meet contracted demand from its cloud ...
Hammered by the general software selloff and AI debt concerns, shares of Oracle have shed 25% over eight trading sessions Oracle issued $25 billion of corporate bonds on Monday as part of its 2026 ...
Simply sign up to the Capital markets myFT Digest -- delivered directly to your inbox. Investors piled into Oracle’s latest $25bn bond offering on Monday after the software company pledged to preserve ...
Oracle is raising up to US$50bn from investors, as the beleaguered cloud computing provider seeks to address growing concerns over the gargantuan amounts of debt it is taking on to fulfil commitments ...
Big Tech companies have seen more than $1 trillion wiped from their stocks, with Amazon leading the pack in losses, according to FactSet data. Fears over AI spending sparked the sell-off. Microsoft, ...
Direxion's leveraged inverse ETF is synthetically shorting Berkshire.
As the technology selloff deepens, Oracle’s stock has been hit by a double whammy of generalized software concerns and jitters around the company’s own artificial-intelligence spending. The threat of ...
Anthropic scored a major endorsement last summer when it won a contract worth up to $200 million from the Defense Department. Now, the AI startup’s relationship with the Pentagon is on the rocks. The ...
MG launched the new MG4 EV Urban in the UK, priced at just £23,495 ($32,000), undercutting BYD’s popular Dolphin hatch as more affordable electric cars hit the market. BYD, SAIC MG’s MG Motor, and ...
People are curious about Oracle founder Larry Ellison after the company took over operations for the U.S. TikTok entity. The tech billionaire is building a media empire, and his quest to do so ...
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