Oracle's lease commitments jump by almost 150% as company builds out to meet AI demand
Oracle's lease commitments now total $248 billion, with $10 billion tied to cloud capacity.
Last updated: 2025-12-12 01:23:19 ET
Oracle's lease commitments now total $248 billion, with $10 billion tied to cloud capacity.
Investors fearful of a tech “bubble” issued a collective thumbs down over the firm’s massive AI spending.
Oracle stock sinks after its Q2 earnings, Chevron CFO talks about company's $19B CapEx plan for 2026
These are some of the stocks posting the largest moves midday.
Shares of Oracle plunged 14% Thursday morning and sent a shiver through the entire AI trade as investors questioned the sustainability of Big Tech’s...
Shares in the technology company are down as investors grow anxious that its bet on artificial intelligence, and OpenAI in particular, may not pay off...
These are the stocks posting the largest moves in early trading.
Running a giant digital business is not as fun as it used to be
Shares in Nvidia, Micron and Microsoft were also lower in premarket trade on Thursday.
Asian shares are mixed after the U.S. stock market again approached its record high following the Federal Reserve’s cut in its main interest rate