Oracle seen as 'undervalued' after recent sell-off, KeyBanc says

Oracle (ORCL) is undervalued after a sharp sell-off, says KeyBanc, citing sum-of-the-parts upside from core apps/database and ...
Austin American-Statesman

Oracle facing possible class action over data breaches impacting millions

Oracle Corp., the Austin-based tech giant, is facing a potential class-action lawsuit over multiple data breaches this year impacting millions of people. A federal judge in Austin is currently ...
Barron's

Oracle Stock Falls After Report on AI Data-Center Funding Talks

Two companies at the center of the artificial-intelligence data center investment boom are parting ways, according to a report from the Financial Times. Oracle and alternative investments firm, Blue ...
MarketWatch

Oracle’s stock falls on a fear one analyst says should be ‘almost irrelevant’

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.

Ormat rises after signing its first direct geothermal PPA deal with data center operator

Ormat Technologies said it signed a 20-year power purchase agreement with Switch, representing its first direct PPA with a ...
Hoodline

Austin Legal Brawl: Oracle Swamped By Data Breach Class Action Fight

Oracle is staring down a potential sweeping class action after a run of data breaches this year that plaintiffs say exposed personal information for millions of people. Dozens of separate lawsuits, ...
MarketWatch

Why Oracle’s stock — and its bonds — can’t shake off AI spending fears

Oracle’s earnings report last week didn’t do much to soothe concerns about how the company will fund its artificial-intelligence investments. In fact, investor sentiment has taken a turn for the worse ...
The Hill

TikTok signs deal to spin off US business

TikTok on Thursday signed a deal to spin off its U.S. business, bringing to a close a months-long saga to keep the popular social media app available in the U.S. Nearly 50 percent of the assets — or ...
Insider Monkey

Oracle Corporation (ORCL) a Moderate Buy, Per Wall Street Analysts

Oracle Corporation (NYSE:ORCL) is among the 14 Best S&P 500 Stocks to Buy Now. On December 16, Barclays maintained its Overweight rating on the stock with a price target of $310. Earlier on December ...

Thousands of employees exposed as Korean Air compromised in Oracle breach

Korean Air lost data on ~30,000 employees in KC&D supply-chain breach Cl0p ransomware group leaked 500 GB archives, exposing names and bank account numbers Incident mirrors 2023 MOVEit attack; dozens ...
TechCrunch

OpenAI is reportedly trying to raise $100B at an $830B valuation

OpenAI is in talks to raise up to $100 billion in a funding round that could value the ChatGPT maker at up to $830 billion, The Wall Street Journal reported Thursday, citing anonymous sources. The ...