Oracle stock spikes 9% as strong Q3 earnings answer Wall Street AI build-out concerns

Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.

Oracle is building yesterday’s data centers with tomorrow’s debt

The OpenAI deal fallout exposes the fundamental danger of being the most leveraged player in a market where the chip cycle moves faster than the concrete dries.

Is Oracle Stock The New King Of Cloud Growth?

While Oracle has traditionally been viewed as a legacy database provider, its aggressive pivot toward Oracle Cloud ...
Austin American-Statesman

Why has TikTok been glitching? Oracle says data center outage led to issues plaguing U.S. users

TikTok users experiencing glitches, trouble logging in and struggles to post content voiced claims of censorship by the app’s new U.S. ownership this week. But Austin-based Oracle Corp. — which is ...
Hosted on MSN

Oracle Health's alleged breach could compromise patient data - report

An alleged data breach at Oracle Health (NYSE:ORCL) could impact several U.S. healthcare organizations and hospitals after a threat entity stole patient data from legacy servers, BleepingComputer ...
Bloomberg L.P.

Oracle and OpenAI Win Michigan Approval to Power New Data Center

Michigan regulators unanimously approved a request from utility DTE Energy Co. to power a massive data center development planned by Oracle and OpenAI, during a contentious hearing where some members ...
Reuters

Oracle denies report on OpenAI data center delays

Oracle denies delaying OpenAI data centers to 2028 due to shortages Investors worried about Oracle's debt-fueled AI infrastructure buildout Market sensitive to AI delays, scrutinizing spending payoffs ...
The Motley Fool

Oracle's Debt Balloons to $108 Billion as AI Spending Soars

Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.
Computer Weekly

How Oracle Red Bull Racing is driving Formula 1 into the future with cloud, AI and data

Formula 1 has always been a sport defined by extremes, where milliseconds separate victory from defeat and human skill is pushed to its limits. But behind the roar of engines and the spectacle of pit ...
Detroit Free Press

DTE and Saline data center developer want a rubber stamp, not a review | Editorial

A massive data center planned for Saline Township is close to becoming a fait accompli, hammered into this tiny Washtenaw County community over the objections of residents, the elected board that ...
MLive

Protesters rally against DTE’s attempt to fast-track OpenAI, Oracle data center

SALINE, MI — More than 100 Saline area residents braved the cold Monday evening Dec. 1 to protest a $7 billion hyperscale data center project in Saline Township and DTE Energy’s plan to power the ...