Call it the "Oracle Effect." Broadcom (AVGO) reported strong fiscal fourth-quarter earnings after the market closed yesterday, but the stock is falling 5% in premarket trading this morning as ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Larry Ellison, executive chair and chief technology ...
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 ...
A measure of Oracle Corp.’s credit risk climbed on Wednesday after the database company posted a jump in spending on data centers and other equipment, raising fresh doubts about how quickly it can ...
Oracle's first-quarter results, announced in September, delivered a significant positive surprise that outweighed modest revenue shortfalls. Although revenue of $14.9 billion and adjusted earnings per ...
Sonic is testing a whole lot of new items that it hopes will "level up" its drink menu. That feat won't be an easy one, as the popular drive-thru chain has set quite the standard for itself with ...
EMC Insurance is selling its ownership interest in EMC National Life Insurance Company to Avocet Partners. Avocet Partners plans to retain the 80 current EMC Life employees in Des Moines and ...
A credit-risk gauge on Oracle Corp. debt closed at the highest level since the financial crisis after a flood of bond sales from tech giants amplified concerns that a bubble is forming in the ...
Oracle's $300 billion AI infrastructure deal with OpenAI has raised concerns about the company's debt. Oracle will need to borrow heavily to build AI data centers, and OpenAI's ability to pay is an ...
Oracle is aggressively building out AI data centers, most notably for OpenAI under a massive multi-year deal The company's balance sheet is already loaded with debt, and more debt is being piled on to ...
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