Larry Ellison's wealth took a big hit on Thursday, with $24.9B wiped off his net worth after Oracle's (ORCL) weak guidance and massive AI spending plans pushed its stock down around 11%. Ellison is ...

Ellison, who remains one of the company's largest shareholders, is now the world's third-richest person. The decline underscores how closely his wealth is tied to Oracle's market performance, ...

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 ...

The net worth of Oracle Corp. (NYSE: ORCL) founder Larry Ellison takes a hit. A poor earnings report that pushed Oracle’s stock down sharply is to blame for that. Are you ahead, or behind on ...

Energy provider taps the AI-powered Oracle Opower Platform to provide personalized energy usage insights to millions of customers and give them tips on how to save "As utilities transform to meet ...

Oracle (ORCL) cloud services now represent 77% of total revenue and grew 55% year-over-year. GPU consumption revenue surged 336%. Oracle’s remaining performance obligation hit $97.3B in Q2 FY2025.

There has been a surge of the Overwatch 2 "Disconnected by Battle.net services" error in-game. Players are frustrated as they are constantly getting kicked out of ...

Oracle has evolved from a stodgy legacy software company to a cloud-first service provider. The company is winning massive multiyear cloud contracts with leading hyperscalers. Oracle is taking on debt ...

Amazon says a massive outage of its cloud computing service has been resolved as of Monday evening, after a problem disrupted internet use around the world, taking down a broad range of online ...

Amazon Web Services said the massive internet outage that originated in its cloud-computing data centers has largely been fixed, more than 13 hours after an initial shutdown hit businesses big and ...

Amazon Web Services (AWS) has appeared to have suffered an outage with a number of websites and apps across the world affected. AWS is the world’s largest cloud computing provider and offers a wide ...

(Reuters) -Oracle will offer cloud services using Advanced Micro Devices’ upcoming MI450 artificial intelligence chips, the companies said on Tuesday, as they rush to tap the booming demand for ...