Oracle stock tank after reported delays to OpenAI data-center expansion

Oracle stock (NYSE: ORCL) plunged 5% on Friday after Bloomberg reported that the cloud giant has pushed back the completion of several data centers being built for OpenAI from 2027 to 2028. The delay ...

Oracle denies report on OpenAI data center delays

Oracle denied on Friday a media report that it was delaying OpenAI-related data centers, following investor worries over its ...

Oracle erases some losses as company denies report of data center delays

Oracle delays some data center projects for OpenAI to 2028 amid labor and material shortages. Get insights on how this ...

Oracle raises AI spending estimate, spooks investors

Oracle said its backlog increased by $68 billion in the quarter ended Nov. 30, driven by commitments from Meta and Nvidia, ...
The Information

Oracle Burned $10 Billion as AI Investments Rise, Shares Fall 11%

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 ...

Barts Health seeks High Court block after Clop pillages NHS trust data

Barts Health NHS Trust has confirmed that patient and staff data was stolen in Clop's mass-exploitation of Oracle's ...