The world of bits moves fast. The world of atoms doesn’t. And data centers are where those two worlds collide.” ...
Goldman Sachs analyst Kash Rangan lowered its price target to $220 from $320, while maintaining a neutral rating. Rangan ...
Shares in tech companies ranging from Nvidia to Meta Platforms are down on Thursday amid growing concerns around AI-fueled ...
With relatively tepid growth, rising debt, an increasing cash burn rate, soaring capex and reliance on money-losing OpenAI, ...
The hit to Oracle and Broadcom weighed on other tech shares during the day, as investors worried about AI spending and the ...
Oracle shares sank 13%, sparking a tech selloff as the company's massive spending and weak forecasts fanned doubts over how ...
Oracle and other AI stocks tumbled on Thursday after the company reported surging expenditures related to its AI data center ...
AI spending is front and center again for investors. Oracle plunged Thursday, with top hardware makers including Nvidia and ...
Bloomberg reported Oracle had delayed by a year the delivery of some data centers it's developing for ChatGPT maker OpenAI.
Oracle missed its top line, delivering $16.06 billion when Wall Street had projected $16.21 billion for the quarter. It did, ...
Asian shares are higher, tracking Wall Street's rise to records despite a sell-off for Oracle as worries persist about a ...
Oracle Corp. shares fell the most in more than 24 years after the company reported a jump in spending on AI data centers and ...