Tech stocks, including Oracle, AMD and Microsoft reached historic benchmarks. The iShares Expanded Tech-Software ETF had its best week since 2001. Intel, Broadcom, Micron, Marvell and ON Semiconductor ...
GoPro Inc. has officially announced a major restructuring plan that will lay off 23% of its global workforce. This is similar to how the U.S. tech sector is currently very unstable. This reduction in ...
Oracle announced to cut jobs across its global office last month, impacting thousands of employees. The layoffs, which were communicated through an early 6am email, have triggered reactions across the ...
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Dan Ives of Wedbush Securities says defense AI is a generational spending cycle with Palantir (PLTR) as the first mover, while Oracle (ORCL) and Microsoft (MSFT) will capture infrastructure and ...
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Microsoft Corp. will occupy a data center project previously earmarked for Oracle Corp. and OpenAI, scooping up 900 megawatts of capacity after the other two companies walked away from the site. The ...
March 24 (Reuters) - Microsoft has agreed to rent a data center project in Texas that was originally being developed for Oracle and OpenAI, Bloomberg News reported on Tuesday, citing people familiar ...
Microsoft (MSFT) is apparently discussing leasing out segments of an uncompleted data center site in Abilene, Texas, according to The Information. The site in question is one of the flagship centers ...
Oracle reported its third-quarter earnings for fiscal 2026 on Tuesday. The cloud giant is forecasting $50 billion in capital expenditures for the year. To maximize profit, Oracle is focused on cutting ...
Oracle has been the lightning rod for OpenAI‑related fears, with its shares tumbling roughly 40% from late October highs as concerns mount over debt‑financed AI data centers and heavy exposure to ...
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