Oracle’s debt ‘unlikely’ to trigger cut to junk grade, UBS says

The software company’s rating could be cut one notch to the lowest investment-grade tier, but worries that Oracle may be ...
GovCon Wire

What’s Next for Cloud? Oracle’s Steve Derr Shares Insights

Cloud technologies have become widely adopted across the federal government. The Department of Defense made a significant investment in cloud at the end of 2022 with its $9 billion multi-vendor JWCC ...
Seeking Alpha

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

Oracle (ORCL) shares erased some losses on Friday after the company pushed back on a report that it was delaying some data centers tied to OpenAI (OPENAI). Oracle initially declined to comment on the ...
Bloomberg L.P.

Oracle in Talks With Meta on $20 Billion AI Cloud Deal

Oracle Corp. is in discussions with Meta Platforms Inc. for a cloud computing deal worth about $20 billion, providing further evidence that the company has become a significant infrastructure provider ...
Reuters

Oracle denies report on OpenAI data center delays

Oracle denies delaying OpenAI data centers to 2028 due to shortages Investors worried about Oracle's debt-fueled AI infrastructure buildout Market sensitive to AI delays, scrutinizing spending payoffs ...