Fresh concerns about data-center funding weighed down Oracle’s stock on Wednesday, but the selloff is looking overdone to some on Wall Street. Christine Ji is a reporter covering Big Tech.
The tech sector sold off as investors took in a report that Oracle's $10B data center for OpenAI is in jeopardy. Sources told the FT that talks to build the data center have stalled due to concerns ...
Investing.com -- The S&P 500 closed lower Wednesday, extending its recent decline as slide in Oracle and Nvidia soured investor sentiment on the AI trade. At 4:00 p.m. ET, the Dow Jones Industrial ...
Investing.com -- The S&P 500 closed lower Wednesday, extending its recent decline as slide in Oracle and Nvidia soured investor sentiment on the AI trade. Shares of tech giant Oracle Corporation (NYSE ...
Dec 12 : Oracle has pushed back the completion dates for some of the data centers it is developing for OpenAI to 2028 from 2027, Bloomberg News reported on Friday citing people familiar with the work.
Shares of enterprise software giant Oracle (NYSE:ORCL) fell 5.1% in the afternoon session after the company's stock continued to fall from the previous session as investors digested earnings results ...
Dec 11 : Oracle shares slumped nearly 11 per cent in premarket trading on Thursday after downbeat forecasts and higher capex fanned worries that its massive AI investments are taking longer than ...
US Stock Market today: The benchmark indices opened with a set of mixed emotions on Thursday, as investor concerns loomed over Oracle's artificial intelligence (AI) spending plans, which took over the ...
The benchmark S&P 500 index and the tech-heavy Nasdaq Composite opened lower on Thursday after Oracle (ORCL) posted mixed results, pressuring the AI trade. The S&P (SP500) fell -0.37% to 6,861.23 ...
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