Oracle is transforming from a tech stalwart to a major player in infrastructure and services for high-performance computing. In hindsight, Oracle's stock probably ran up too far, too fast in a short ...
TikTok has agreed to sell its U.S. operations to an investment group that includes Oracle, Silver Lake, and UAE-based company MGX, reports Axios. The "TikTok USDS Joint Venture LLC" that includes the ...
Abu Dhabi's state investment fund will also be a managing investor. By Alex Weprin Senior Editor The TikTok sale is officially happening, with a consortium of American investors set to take over U.S.
Stocks fell broadly on Friday, as traders pared their bets on artificial intelligence in an increasingly uncertain market for tech. The S&P 500 and the Nasdaq Composite each ended the week lower, ...
Stocks were struggling for direction on Friday, as investors tried to make sense of another set of so-so Big Tech earnings. Futures tracking the Dow Jones Industrial Average rose 106 points, or 0.2%, ...
Oracle stock fell 11% today, as investors fret over how much the company is spending to build out AI data centers for OpenAI and others. Oracle Chairman Larry Ellison, whose roughly 40% stake has made ...
Credit default swaps are derivatives that function like insurance on bonds, paying out if a borrower fails to meet its debt obligations. Rising CDS spreads signal that investors see higher risk.
LONDON, Dec 11 (Reuters) - The cost of insuring Oracle debt against default surged on Thursday to its highest in at least five years, after the company's results missed forecasts, reigniting ...
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 ...
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