Oracle was sued on Wednesday by bondholders who say they suffered losses because the company chaired by billionaire Larry Ellison failed to disclose it needed to sell significant additional debt to ...
Oracle (ORCL) shares slumped nearly 5% on Wednesday as Reuters reported that some of the tech giant's bondholders have sued the company over losses tied to artificial intelligence. A proposed class ...
Three U.S. senators have penned a letter to the U.S. Department of Veterans Affairs expressing apprehensions over the resumption of the agency’s EHR rollout in 2026. The project has been on hold amid ...
The artificial intelligence money scramble continues all the way into the end of the year, as OpenAI may raise $10 billion from Amazon, perhaps part of as much as $100 billion from a range of ...
Oracle (NYSE: ORCL) missed revenue expectations and pushed out key data center timelines to 2028, triggering a broad reassessment of near-term AI infrastructure returns. Massive capital requirements, ...
Oracle and other firms are taking out loans to build data centers that they will rent to AI companies. Investors are starting to wonder if that bet will pay off. Stocks in some major companies ...
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
The net worth of Oracle Corp. (NYSE: ORCL) founder Larry Ellison takes a hit. A poor earnings report that pushed Oracle’s stock down sharply is to blame for that. Follow 24/7 Wall St. on Google By ...
--Up 9.17% from 52 weeks ago (Dec. 12, 2024), when it closed at $175.32 --Down 41.7% from its 52-week closing high of $328.33 on Sept. 10, 2025 --Up 55.84% from its 52-week closing low of $122.82 on ...
An upbeat second-quarter earnings report from Oracle wasn’t enough to shake off the artificial-intelligence jitters that have crept into the stock. Oracle ORCL cleared the bar set by Wall Street on ...
NEW YORK (AP) — Most U.S. stocks are rising on Wall Street, but a big drop for Oracle is holding the market back as the tech giant contends with worries about whether its spending on ...
Shares of cloud computing giant Oracle plunged more than 10% in after-hours trading on Wednesday after the company’s revenues fell short of Wall Street expectations. The company reported revenue of ...