U.S. stocks pulled back Thursday after Oracle Corp. posted its steepest decline in nearly a year, reigniting concerns that heavy artificial intelligence spending is straining balance sheets faster ...
Oracle isn't the only company getting fresh scrutiny from investors for issuing a lot of debt as part of the artificial intelligence race. (Bloomberg Finance, Deutsche Bank Research) "Last night ...
While markets got what they wanted from Federal Reserve Chair Jerome Powell on Wednesday, it was Oracle executives who seemed to have more sway on the market.
Asian markets were mixed Thursday as earlier gains fuelled by the Federal Reserve's latest interest rate cut were offset by indications the central bank will hold off from further reductions at the ...
The FOMC cut the federal funds rate by a quarter-point, but that's unlikely to cause 30-year mortgage rates to fall by the same amount. The December rate cut might be advantageous for builders and ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While each of the recent rate reductions has slowly chipped away at ...
Paul Trani of Adobe demonstrates Firefly custom models in October. The software maker is due to post earnings on Wednesday. (Mark Von Holden/AP) The Federal Reserve will unveil its last rate-setting ...
Look at Oracle if you want to assess the sustainability of the AI investment boom: Its credit default swaps are emerging as a way to 'hedge the entire debt cycle within AI' For a few brief weeks in ...
Oracle's $300 bln OpenAI contract raises revenue exposure concerns Its credit default swaps hit record highs amid heavy borrowing Stock has erased all the gains from a 36% jump in September Dec 9 ...