The Economist

Oracle and the hard truths about software

Alphabet, Amazon, Meta, and Microsoft—and, more recently, Oracle have poured money into data centres crammed full of pricey ...
Investing.com Canada

Nvidia, AI stocks fall after Oracle earnings underwhelm

Nvidia (NASDAQ:NVDA), which has major contracts in place to supply Oracle (NYSE:ORCL) with data center chips, fell 1.3%, while rival cloud firm CoreWeave (NASDAQ:CRWV) fell over 3%. Both companies, ...
The Information

Oracle Says Its AI Cloud Customers Might Bring Their Own Server Chips

Oracle Chief Financial Officer Doug Kehring said Wednesday that the database and cloud firm was exploring unusual ways to lower its spending on data centers for artificial intelligence. Kehring said ...

Oracle Credit Risk Gauge Deteriorates After Earnings Report

A measure of Oracle Corp.’s credit risk climbed on Wednesday after the database company posted a jump in spending on data ...
The Information

Oracle Burned $10 Billion as AI Investments Rise, Shares Fall 10%

Oracle shares fell more than 6% in after-hours trading on Wednesday after the database and cloud firm said it burned roughly $10 billion in the November quarter as it ramps up spending on data centers ...