that came in well above projections. Financial guidance that came in short of estimates and increased spending on artificial-intelligence infrastructure look to be worrying investors.

NEW YORK, Dec 12 (Reuters) - The red-hot trade backing artificial intelligence-related stocks has taken a bruising from back-to-back troubling updates from Oracle and Broadcom, reigniting concerns ...

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 ...

Oracle might have an OpenAI problem. Oracle (ORCL) stock has tumbled over 40% from its September peak, erasing more than $360 billion from its market capitalization. Nearly $67 billion of that decline ...

Federal transportation officials are probing whether a Chinese national blamed for a fatal highway pileup in Tennessee this week was illegally issued a New York State driver’s license. Huang Yisong, ...

US stock futures edged lower early Wednesday after a strong post-Fed rally, pressured by a sharp drop in Oracle shares. At 4:32 AM ET, Dow Jones futures traded at 47,969, down 138 points or 0.29%. The ...

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 ...

Oracle ORCL1.10%increase; green up pointing triangle is facing mounting anxiety from investors about how much it’s spending to build out data centers for the artificial-intelligence industry. The ...

Thank your driver for those endless holiday season deliveries with a $5 tip as part of Amazon's limited-time "Thank My Driver" promotion. Ajay has worked in tech journalism for over a decade as a ...

Oracle’s default risk is rising fast. The tech giant’s 5-year Credit Default Swap has jumped to 128 basis points, the highest level since the 2008 financial crisis. Traders are now aggressively buying ...

A Simon Fraser University shuttle bus driver has lost a freedom-of-speech appeal in court after he was fired for stopping on the job to tell a construction flagperson she was beautiful. In April 2024, ...