Oracle Corp. has confirmed that the final talks for an equity agreement regarding their Michigan data center project are progressing as planned. Interestingly, Blue Owl Capital, a company known for financing large-scale data center projects, is not involved in this particular deal. This decision wa
Oracle recently made headlines with a massive financial commitment. They agreed to pay a staggering $248 billion over 20 years. That's a lot of money! To put it into perspective, that amount could buy a lot of things. For example, you could purchase every piece of art in the Louvre. And still have e
Oracle's stock has taken a nosedive, dropping 45% from its peak in September. This week alone, it lost 14% of its value after a disappointing earnings report. The company spent a whopping $12 billion on capital expenditures last quarter, way more than the $8. 25 billion analysts expected. To make ma
Oracle's stock took a big hit recently. It dropped the most since January. Why? The company is spending a lot on AI and data centers. This spending is growing fast. But it's not turning into cloud profits as quickly as investors hoped. In the last quarter, Oracle spent about $12 billion on capital
Oracle, a big tech company, has teamed up with a group called Ci4CC. They want to use AI and better data sharing to help fight cancer. This team-up was announced at a big meeting in Miami Beach. The goal is to make electronic health records better for cancer patients. Right now, these records can b
Oracle's stock is on the rise, and AI is the main reason. The company is making big moves in artificial intelligence, and investors are taking notice. Recently, Oracle announced a new AI-powered Electronic Health Record system. This system uses voice commands and AI to make healthcare workflows more
Oracle has recently made some significant changes to its leadership team. Two key figures, Clay Magouyrk and Michael Sicilia, have been appointed as presidents. This move has sparked discussions about the company's future direction, especially in the cloud computing arena. The appointments were qui
Corporate governance isn't just about rules and regulations. It's about making sure companies are honest and clear when they talk to investors and the public. A recent study looked at how companies in Pakistan manage their earnings and how that affects how easy their annual reports are to read. The
Oracle has just unveiled a cutting-edge electronic health record (EHR) system. This new tool is designed to revolutionize how doctors interact with patient data. It’s no ordinary digital record; it’s like having an intelligent assistant right by your side. The system uses cloud and AI technology to
