In WSJ’s Take On the Week, we discuss the next test for the artificial-intelligence trade: earnings from software makers Oracle and Adobe due tomorrow. Oracle has heavily debt-financed an ...
Enterprise software heavyweight Oracle is set to report earnings this afternoon. Last quarter, the company posted mixed results: revenue rose 12.2% year on year to $14.93 billion but came in 0.7% ...
SAN FRANCISCO (AP) — TikTok has signed a deal to sell its U.S. business to three American investors — Oracle, Silver Lake and MGX — ensuring the popular social video platform can continue operating in ...
Oracle’s $2.26 EPS beat relied on a $2.7B one-time gain. Core earnings missed at $1.33 versus $1.64 expected. CapEx guidance jumped $15B to $50B for fiscal 2026. Free cash flow burned $10B for the ...
SAN FRANCISCO (AP) — TikTok has signed agreements with three major investors — Oracle, Silver Lake and MGX — to form a new TikTok U.S. joint venture, ensuring the popular social video platform can ...
The deal marks the end of years of uncertainty about the fate of TikTok in the US. The venture will have a new American-majority board of directors and user data will be stored locally. TikTok's ...
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