Oracle NYSE:ORCL, an enterprise-software company operating a major cloud-infrastructure platform, surged approximately 6.6% in Monday's regular-session trading as of 12:15 p.m. ET as the cloud-computing rally expanded beyond Amazon NASDAQ:AMZN and Microsoft NASDAQ:MSFT. Reuters reported that Oracle…
Senators from across the aisle have reportedly sent a letter to Apple Inc. (NASDAQ:AAPL) CEO Tim Cook, urging the company to refrain from using memory chips from ChangXin Memory Technologies (CXMT) and Yangtze Memory Technologies Corp (YMTC) in its devices, even if the products are meant solely for…
Situational Awareness, the artificial intelligence-focused hedge fund led by former OpenAI researcher Leopold Aschenbrenner, has reportedly sold the bulk of its public stock portfolio to Ken Griffin’s Citadel after suffering steep losses during the recent AI stock selloff.Aschenbrenner’s fund has b…
Shares of Oracle (ORCL) climbed Thursday morning after the software giant announced it is adding Alphabet Inc.’s (GOOG, GOOGL) Google Gemini artificial intelligence models to its cloud platform, expanding the range of AI models available to enterprise customers.ORCL’s stock gained more than 6% at m…
Oracle (ORCL, Financials), the enterprise software and cloud infrastructure company, led a record widening in credit default swap spreads among hyperscale technology companies.The move suggests bond investors are demanding more protection against the possibility of credit deterioration across the s…
Oracle NYSE:ORCL, an enterprise-software and cloud-infrastructure company investing heavily in AI capacity, fell approximately 2.3% in Wednesday's regular-session trading as investors assessed increasing costs for insuring its debt against default. Oracle credit-default swaps traded near 200 basis…
Key points:Korea sees two-day, $620 billion wipeoutKorean equities saw the second day of a historic sell-off on Wednesday with market-wide circuit breakers again halting trading. Combined with Tuesday’s drop, the KOSPI has now shed nearly 17%, wiping out $620 billion in market capitalization. This…
Credit risk across several of the world's largest AI companies has climbed to record levels as investors grow more concerned about the debt needed to fund data centres, chips and advanced models.Credit default swap spreads tied to Alphabet NASDAQ:GOOGL, Amazon NASDAQ:AMZN, Meta NASDAQ:META, Nvidia…
Oracle NYSE:ORCL shares rose about 2% early Friday after the software company secured a 10-year U.S. Department of War contract that could be worth up to $6.99 billion.The agreement carries a base value of $3.31 billion for the first five years and could expand to nearly $7 billion if all five opti…
Shares of SpaceX (SPCX), Oracle Corp. (ORCL) and QuantumScape Corp. (QS) fell to annual lows as broader market selloffs in tech companies added pressure to company-specific triggers.SPCX stock recovered to close up about 2.6%, while ORCL declined 4.61% and QS slumped nearly 13% lower at the close.S…
Shares of Oracle Corp. (ORCL) gained nearly 3% in after-hours trading on Thursday after the company secured a Department of War Enterprise Software Agreement worth up to $6.99 billion over 10 years.At the time of writing, the stock was up about 2.5% after-hours after closing the regular session dow…
The ESI contract vehicle streamlines acquisition and standardizes access to Oracle commercial products and services for the DoWAUSTIN, Texas, July 23, 2026 /PRNewswire/ -- Oracle has been awarded a 10-year Indefinite Delivery/Indefinite Quantity (IDIQ) contract under the U.S. Department of War (DoW…
Oracle NYSE:ORCL, a technology company making major investments in artificial intelligence, is facing rising pressure in the credit market as investors question whether its heavy spending will deliver sufficient returns. The annual cost of five-year credit default swaps on Oracle's debt climbed to…
Oracle (ORCL, Financials), the enterprise software and cloud infrastructure company, could be required to provide more than $7 billion in collateral for its planned Wisconsin data center after state regulators upheld utility credit requirements.According to the Financial Times, the Public Service C…
Advanced Micro Devices NASDAQ:AMD rose 4.55% intraday after announcing an expanded partnership with Microsoft NASDAQ:MSFT that will put its Helios rackscale systems to work powering frontier model inference on Azure. Helios is AMD's first rack-scale AI system and its most direct challenge yet to Nv…
Shares of Oracle Corp. (ORCL) closed up 3.5% higher on Wednesday, snapping a three-day losing streak as rising debt amid its growing AI orders has pressured the company in recent times.The stock has tumbled nearly 30% in the past month and has closed in the red for seven out of 10 sessions in July…
Oracle (ORCL, Financials), the enterprise technology company known for databases, cloud infrastructure and business software, is reportedly leading talks to build a highly secure cloud network for the Japanese government.The system would be air-gapped, meaning it would not connect to the public int…
New no-code and pro-code capabilities enable customers and partners to build Fusion Agentic Applications backed by specialized agent teams, Fusion business objects, workflows, approvals, governance, and auditabilityWith the new AI Studio Skill, developers can now use familiar tools such as VS Code…
111-year-old company saves its shoppers money while improving margin by leveraging the power of AI-driven retail lifecycle price optimizationBRADENTON, Fla. and AUSTIN, Texas, July 14, 2026 /PRNewswire/ -- Bealls Inc., a leading off-price retailer serving customers across the United States, has tra…
Integrated sales, service, loyalty, and distribution capabilities give hotel brand a complete, connected hospitality platform to optimize operations and resultsAUSTIN, Texas, July 14, 2026 /PRNewswire/ -- Loews Hotels & Co is adding Oracle OPERA Cloud Central services, to enhance distribution and g…
