ORCL's AI data center push is driving 14% revenue growth and a record backlog, but $50 billion in capex and negative cash ...
Multiple media outlets, including the Associated Press, reported that ByteDance has reached an agreement with Oracle ORCL, Silver Lake, and Abu-Dhabi-based MGX to set up a joint venture for TikTok’s ...
In its fiscal second quarter ended November 30, 2025, Oracle reported revenue of US$16.06 billion and net income of US$6.14 billion, while also declaring a quarterly dividend of US$0.50 per share ...
Michigan regulators unanimously approved a request from utility DTE Energy Co. to power a massive data center development planned by Oracle and OpenAI, during a contentious hearing where some members ...
Blue Owl Capital is not planning to provide financial backing to Oracle's planned data center in Saline Township, Michigan. The data center project, valued at $10 billion, is being developed by Oracle ...
SALINE TWP., MI — Reports have surfaced that funding for a controversial hyperscale data center project in a rural Michigan community near Ann Arbor is up in the air. But a Big Tech giant and its ...
Dec 17 (Reuters) - Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue Owl Capital, after a report of stalled negotiations ...
What To Know: The Financial Times reported on Wednesday that Blue Owl Capital (NYSE:OWL) , Oracle’s biggest data center partner, has decided not to support a $10 billion deal for its next planned data ...
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Oracle Corp chart shows Death Cross, 50-day MA below 200-day MA. Hedge funds hold mixed positions, but technicals suggest ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle’s largest data centre partner Blue Owl Capital will not back a $10bn deal for its next facility, as the ...
For a few brief weeks in September and October, Oracle was on top of the artificial-intelligence revolution. The storied business-software and database company had a burgeoning $300 billion ...
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