Fresh concerns about data-center funding weighed down Oracle’s stock on Wednesday, but the selloff is looking overdone to some on Wall Street. Christine Ji is a reporter covering Big Tech.

Oracle Corp. said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center ...

Oracle (ORCL) stock fell more than 5% Wednesday after the Financial Times reported that private lender Blue Owl Capital (OWL) will not back a $10 billion deal for its next data center as the software ...

Dec 12 (Reuters) - Oracle denied on Friday a media report that it was delaying OpenAI-related data centers, following investor worries over its debt-fueled AI infrastructure buildout. Bloomberg News ...

Oracle (ORCL) shares fell 7% in extended trading on Wednesday as the IT giant continued to rack up deals, but its fiscal second-quarter results were mixed compared to Wall Street's forecast. For the ...

Oracle’s quarterly earnings topped expectations, but revenue came up short. Investors have question whether the company’s artificial intelligence investments are justified. Oracle picked up ...

Q2 Highlights: Oracle reported second-quarter revenue of $16.06 billion, missing analyst estimates of $16.21 billion. The software giant said adjusted earnings grew 54% year-over-year to $2.26 per ...

Oracle's first-quarter results, announced in September, delivered a significant positive surprise that outweighed modest revenue shortfalls. Although revenue of $14.9 billion and adjusted earnings per ...

Long Beach’s new police training academy is almost complete, city officials said this week — and is set to open next year. The new facility will allow the Police Department to train 100 recruits at a ...

Oracle’s bold push into artificial intelligence has sent shockwaves through financial markets, wiping out more than $300 billion in its market capitalization since the company unveiled its massive ...

The Washington Post has said that it was one of the victims of a hacking campaign tied to Oracle’s suite of corporate software apps. Reuters first reported the news on Friday, citing a statement from ...

Oracle (NYSE:ORCL) and Druid Software have secured a contract with the NATO Cooperative Cyber Defence Centre of Excellence to provide secure and private 5G networks for war gaming and research ...