Bondholders have filed a lawsuit against Oracle, claiming they lost money. They allege the company, led by Larry Ellison, did not reveal it needed to sell more debt to expand its AI systems. The New ...
Oracle has been sued by bondholders who claim the company concealed how much debt it would need to sell to support the AI buildout for Oracle's $300 billion OpenAI deal. The bond offering followed ...
Oracle was sued on Wednesday by bondholders who say they suffered losses because the company chaired by billionaire Larry Ellison failed to disclose it needed to sell significant additional debt to ...
NEW YORK, Jan 14 : Oracle was sued on Wednesday by bondholders who say they suffered losses because the company led by billionaire Larry Ellison failed to disclose it needed to sell significant ...
NEW YORK, ‌Jan 14 (Reuters) - Oracle ‌was sued on Wednesday by bondholders ‍who say they suffered losses ⁠because the company led by billionaire Larry Ellison failed to disclose ‌it needed to sell ...
NEW YORK, Jan 14 (Reuters) - Oracle was sued on Wednesday by bondholders who say they suffered losses because the company chaired by billionaire Larry ‌Ellison failed to disclose it needed to sell ...
Artificial intelligence is growing fast, and big tech companies like Google, OpenAI, Meta, and others are spending billions to build smarter AI models. But Oracle founder Larry Ellison believes there ...
Oracle ORCL3.60%increase; green up pointing triangle shares fell sharply on Thursday, a stark display of investors’ concerns about tech companies overspending on artificial-intelligence infrastructure ...
Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...
Oracle has posted revenue of $16.1bn for Q2 FY26, a 13% increase year-over-year, which it said marks three consecutive quarters of double-digit growth. The enterprise software provider said it ...