Larry Ellison's wealth took a big hit on Thursday, with $24.9B wiped off his net worth after Oracle's (ORCL) weak guidance and massive AI spending plans pushed its stock down around 11%. Ellison is ...

Three months after Larry Ellison briefly became the world’s richest person, a historic slide in Oracle Corp. shares sent his net worth plunging by $24.9 billion. Oracle shares slumped by 11% Thursday ...

Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...

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Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with content, and download exclusive resources. Vivek Yadav, an engineering manager from ...

The forecasts will offer a glimpse of the path for policy at a highly uncertain moment for economy — and the central bank. By Colby Smith Federal Reserve officials are scheduled to release a fresh set ...

Astronomers have employed NASA's Chandra spacecraft to perform X-ray observations of a massive galaxy cluster known as SPT-CL J0217-5014. Results of the observational campaign, published December 4 on ...

Australia’s largest electricity distributor strengthens cybersecurity and compliance while reducing Java vulnerabilities by 99% Azul, the only company 100% focused on Java, announced that Ausgrid, ...

Oracle was tapped by NTT’s Transatel division to provide a cloud-native 5G signaling core to support automotive and industry IoT services, a subset of 5G network opportunities that are starting to ...

Michael Cembalest, Chairman of Market and Investment Strategy for J.P. Morgan Asset & Wealth Management, issued a clarification in a new note dated Oct. 16, following a report calling out ORCL debt ...