The shares are down 40% from their peak. Analyst suggest that move may have gone too far.
Rising depreciation expenses from the data center binge is a major worry. Alphabet, Microsoft and Meta combined for about $10 ...
The tech giant is piling on debt to fund AI data centers.
Oracle Corp. shares fell the most in more than 24 years after the company reported a jump in spending on AI data centers and ...
“The world of bits moves fast. The world of atoms doesn’t. And data centers are where those two worlds collide.” ...
Oracle stock plunges over 7% as OpenAI data-center delay to 2028 sparks fresh worries. Oracle’s $300B AI build-out faces new ...
Oracle and other AI stocks tumbled on Thursday after the company reported surging expenditures related to its AI data center ...
The software giant already has a mountain of debt.