Oracle revealed plans to raise up to $50 billion in debt and equity to finance its massive data center commitments The company's 5-year credit default swaps fell 17% as the likelihood of a credit ...

Oracle shares fell 2% on February 2 following the company’s announcement that it planned to raise upwards of $50 billion in 2026. That spike came after Oracle reported a 359% increase in its remaining ...

The TikTok deal is done and the US business is now officially known as "TikTok USDS Joint Venture LLC." Oracle will own a significant, but not controlling stake in the new TikTok JV. Oracle, alongside ...

Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.

Oracle has confirmed that financing for its Port Washington data center is on schedule. The Port Washington campus is part of a larger partnership with OpenAI to develop artificial intelligence.

Tepper is taking gains on some of the biggest winners in his portfolio. This chipmaker has a broad portfolio across multiple segments that could all benefit from the rising use of large language ...

Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. After a year of nonstop backtracking ...

Sam Altman, Jensen Huang, and Oracle have publicly said there's no tension. "We love working with NVIDIA," Altman wrote in a post on X. "I don't get where all this insanity is coming from." Their ...

A major Trump billionaire ally is now the partial owner of the social media platform TikTok. A group of investors including Larry Ellison’s company Oracle agreed to a $14 billion deal to give them ...

More than a day after TikTok’s issues began, TikTok USDS says the problems are the result of a power outage at a data center and subsequent cascading systems failure. Starting early Sunday morning, ...

The outage happened just days after U.S. companies, including Oracle, assumed control of the domestic operations of the video platform. By Alex Weprin Senior Editor TikTok says that it has completely ...

A new entity, TikTok USDS Joint Venture LLC, was created to comply with a Trump-era executive order. Some users are deleting their accounts in protest over the new ownership structure and its ...