Oracle and OpenAI have scrapped plans to expand their flagship Stargate data centre in Abilene, Texas, after months of failed negotiations over financing and shifting demand. The collapse comes ...

Manhattan’s Financial District is becoming better known as a neighborhood of office-to-residential conversions than as the business hub that’s home to Wall Street. Plans for the building, which has a ...

Impax Asset Management's "Impax US Sustainable Economy Fund" released its Q4 2025 investor letter. A copy of the letter can be downloaded here. The fund reported that equity markets remained volatile ...

Oracle ORCL shares rose more than 10% on Feb. 9, posting its biggest daily gain since last September, after a sell-side competitor issued a more favorable rating. Despite the rally, Oracle stock was ...

Oracle may take drastic cost-cutting steps to improve its cash flow stress. In the cost-cutting move, the software giant may reduce its workforce by 20,000 to 30,000 for AI data-centre expansion. The ...

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.

Oracle has started marketing a US$5bn mandatory convertible preferred that is part of a US$50bn debt and equity financing package aimed preserving the Texas-based hyperscaler's investment-grade credit ...

Oracle stock rose 2% in Monday morning trading after the company announced on Sunday plans to raise $45 billion to $50 billion in the 2026 calendar year. The data center giant said on Sunday it ...

TikTok took six days to fully restore services after an Oracle outage took parts of the app down Severe winter weather caused a power outage, and several knock-on effects This happened in the same ...

Blackstone (BX) is weighing a larger role in financing Oracle's (ORCL) Michigan data center, including a possible debt investment, according to a media report on Wednesday. “Bank of America is leading ...

Newark, Del.-based ChristianaCare and Oracle Health have been sued over a data breach involving the EHR vendor’s legacy Cerner systems. “We do not comment on pending litigation,” a ChristianaCare ...

After a “very preliminary” inquiry from a data center developer, Taneytown Mayor Chris Miller said the city is looking into legislation that would establish guidelines for how potential data centers ...