10-year Treasury yield hits 5%, a 19-year high, and AI's borrowing bill goes up with it
The 10-year Treasury yield touched 5.04%, the highest since 2007, before a Fed hike. What it means for Big Tech's $194 billion bond binge, Oracle and CoreWeave.
Tag
#oracle
17 articles
TECHi reporting and analysis covering oracle. 17 articles, newest first.
Oracle falls 5%: $700 million more in layoff costs, and Ellison's $7.5 billion sale is off
Oracle fell ~5% after adding about $700 million to its restructuring plan amid a $90-95 billion capex year, days after Ellison cancelled a $7.5 billion share-sale plan.
Why HPE stock jumped 12%, and the $30.4 billion it had already committed
HPE stock rose 12.4% to a record close after Oracle kept its $90B–$95B capex plan. Its 10-Q shows $30.4B of supplier commitments, up from $5.7B in April.
Oracle's backlog hit $664 billion. It sold $20 billion of stock to build it
Oracle opened at $164.43 and closed at $150.28. The release explains why: record AI backlog, negative free cash flow, and $20 billion of stock sold in the quarter.
Oracle vs Broadcom: AI capacity landlord or custom silicon toll road?
Oracle wants to own AI cloud capacity. Broadcom wants to tax custom silicon. Here is the ORCL vs AVGO setup before June earnings.
Oracle earnings preview: OCI backlog is huge, but AI capex is the real test
Oracle reports June 10. OCI backlog is huge, but the real ORCL earnings test is AI capex, cloud margin, debt and lease-funded capacity.
The Pentagon Just Picked Its AI Stack
The Pentagon now lists eight companies for classified AI networks. Here is the May 6 read on AWS, Google, Microsoft, NVIDIA, OpenAI, Oracle, Reflection and SpaceX.
China Expresses Conditional Support on TikTok Divestment
China has conditionally supported the need of the United States to transfer the control over American activities of TikTok on the basis of the agreement
TikTok US Spinoff Agreement Avoids Ban
Tik Tok has signed a significant deal to sell its vast business units in the United States and this way, hand over operational leadership to American
Thursday’s Premarket Trade; Oracle Drops, Eli Lilly Jumps, Amazon Pressure Mounts
The U.S stocks future went down a bit on Thursday as Wall Street started to process the Federal Reserve's rate cut that was widely expected, and the focus
A massive AI Data Center will be Built in the United Arab Emirates by OpenAI, Cisco, and Oracle.
The company announced Stargate UAE on Thursday, which will offer a 1GW data center cluster to Abu Dhabi. According to OpenAI, the 200MW project, which was
Microsoft and Oracle to Share 400K Nvidia AI Chips in UAE
According to a Reuters report released on Thursday, the United States is said to be nearing the completion of an innovative agreement to export 500,000
The Java debacle: Should businesses be concerned?
If you are a programmer you are well aware of what Java is, for the rest of us computer friendly folks, we just simply download Java when it prompts for an…
Tech giants duke it out in the courtroom
Oracle and Google continue their legal battle as their respective CEOs issue testimony. Did Google's Android OS use code ripped off from...
Microsoft gets aggressive in cloud CRM market against Oracle, Salesforce
Microsoft really wants more cloud Customer Relationship Management (CRM) clients and now they're willing to pay for them. Medium-sized companies with...
Oracle Jealous Of The Publicity HP Received Over The Mark Hurd Scandal
Most companies looked at the Mark Hurd scandal with distaste, but one company watching saw something great. After the weekend's rumors, Oracle has hired...
Oracle Comes Out Of The Woodwork To Sue Google
Oracle, a company who for the past decade seems to be known only for being relevant a decade ago is in the spotlight once again. Apparently Google's...