Shares of DTE Energy gave back gains Tuesday after the Michigan-based energy company reported better-than-expected quarterly earnings as it prepares to power Oracle’s data center in Saline Township, ...
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 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 ...
Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...
WASHINGTON, Jan 27 (Reuters) - Oracle (ORCL.N), opens new tab on Tuesday said issues faced by U.S. users of social media app TikTok are the result of a temporary weather-related power outage at an ...
TikTok users experiencing glitches, trouble logging in and struggles to post content voiced claims of censorship by the app’s new U.S. ownership this week. But Austin-based Oracle Corp. — which is ...
Michigan regulators unanimously approved a request from utility DTE Energy Co. to power a massive data center development planned by Oracle and OpenAI, during a contentious hearing where some members ...
Signing a 12-figure contract with a customer is one thing. Collecting is a whole other matter.
Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue Owl Capital, after a report of stalled negotiations with the crucial partner ...
We explained why this project requires more scrutiny in a Dec. 4 editorial (the commission was initially set to vote on the contracts Dec. 5). But with the vote now just a day away, we're recapping ...
Oracle denies delaying OpenAI data centers to 2028 due to shortages Investors worried about Oracle's debt-fueled AI infrastructure buildout Market sensitive to AI delays, scrutinizing spending payoffs ...
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