Oracle sees AI boom through at least 2027, sending shares up 8%

Oracle on Tuesday predicted that the AI data ​center boom will power its revenue above Wall Street estimates well into 2027, sending its shares up 8.3% in extended trading.

Oracle earnings will show whether its expensive AI bet is starting to pay off

Oracle's $300 billion deal with OpenAI established it as a major player in AI cloud computing alongside Amazon, Google and ...

Oracle is building yesterday’s data centers with tomorrow’s debt

The OpenAI deal fallout exposes the fundamental danger of being the most leveraged player in a market where the chip cycle moves faster than the concrete dries.

Oracle and OpenAI End Plans to Expand Flagship Data Center

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs.
Barron's

This Energy Provider Has a Data-Center Deal With Oracle. The Stock Is Flat After Earnings.

Shares of DTE Energy gave back gains Tuesday after the Michigan-based energy company reported better-than-expected quarterly earnings as it prepares to power Oracle’s data center in Saline Township, ...