Oracle is under pressure as its debt load jumps by $56 billion while free cash flow turns sharply negative. The company’s ...
The company, founded by Larry Ellison in 1977, has today become a big AI player after its involvement in spearheading the U.S ...
Oracle Corporation (NYSE:ORCL) is one of the Trending AI Stocks on Wall Street. On November 10, Erste Group downgraded the ...
Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Brody Ford looks at one of the downsides of Oracle’s leap into ...
Oracle issued $18 billion of debt in September to finance its data-center buildout. Since Oracle Corp. stunned investors last month with its massive artificial-intelligence pipeline, shares of the ...
Analysts note that it's unconventional for technology companies to offer bonds that mature in 40 years given how quickly tech can evolve Some of Oracle's newly issued bonds mature in 2065. As Oracle ...
Oracle likely will remain the cloud computing provider for TikTok, the social media app run by China-based ByteDance, in a deal that provides an important plank of financial support as the tech giant ...
Debt investors are more than happy to finance Oracle’s artificial-intelligence buildout. The software company sold $18 billion of new investment-grade bonds on Wednesday, up from initial guidance of ...