The sell-off follows disclosure that Oracle intends to raise an additional US$38 billion in debt to finance further data-centre build-outs and support its AI infrastructure projects. The firm already ...
Oracle Shares Plummet 40 Percent From September Peak Amid AI Bubble Fears Remember when Oracle CEO Larry Ellison briefly became the world's richest person back in Sept..
With relatively tepid growth, rising debt, an increasing cash burn rate, soaring capex and reliance on money-losing OpenAI, ...