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Cloud Growth and AI Demand in focus as Oracle gears up for Q2 earnings

Technology giant Oracle Corporation (NYSE: ORCL) began the new fiscal year on a mixed note, reporting Q1 FY26 results that grew year over year but fell short of market expectations. The company has secured several large contracts in recent months, and the momentum is expected to continue. As one of the major players in enterprise … Read more

AI rivals like OpenAI, Nvidia, and Oracle are collaborating to build ‘Stargate’—but a Yale expert says it violates 135 years of antitrust law

On the evening of Jan. 21, 2025, President Trump on his first full day in office unveiled what he characterized as a “monumental undertaking” that would prove an exemplar of economic triumphs to come, and that he himself orchestrated. From a podium framed by the Roosevelt Room’s white-columned fireplace, Trump announced the formation of the … Read more

‘AI sentiment is waning.’ Wall Street cools on Oracle buildout plans

Oracle CEO Clay Magouyrk speaks at a Q&A following a tour of the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025. Shelby Tauber | Reuters Two months ago, Oracle’s stock had its best day since 1992, soaring 36% to a record after the company blew away investors with its forecast for cloud infrastructure … Read more

Lawmakers target Meta, OpenAI, Alphabet, Oracle over AI-driven power costs

Key Takeaways US senators accuse tech giants of contributing to rising energy bills via AI data center expansion Lawmakers urge the White House to impose safeguards and shift costs onto corporations Share this article A group of US lawmakers is pressing the White House over rising electric bills linked to AI infrastructure built by tech … Read more

Washington Post confirms data breach linked to Oracle hacks

The Washington Post has said that it was one of the victims of a hacking campaign tied to Oracle’s suite of corporate software apps.   Reuters first reported the news on Friday, citing a statement from the newspaper that said it was affected “by the breach of the Oracle E-Business Suite platform.”  A spokesperson for the … Read more

Oracle Cloud to deploy 50,000 AMD AI chips as alternative to Nvidia

Oracle Cloud Infrastructure on Tuesday announced that it will deploy 50,000 Advanced Micro Devices graphics processors starting in the second half of 2026. AMD shares climbed about 3% premarket. Oracle shares ticked slightly lower. The move is the latest sign that cloud companies are increasingly offering AMD’s GPUs as an alternative to Nvidia’s market-leading GPUs … Read more

Even after Stargate, Oracle, Nvidia, and AMD, OpenAI has more big deals coming soon, Sam Altman says

At nearly the same moment as Nvidia CEO Jensen Huang was expressing surprise over OpenAI’s multibillion-dollar deal with competitor AMD — shortly after his company agreed to invest up to $100 billion into the AI model maker — Sam Altman was saying that more such deals are in the works. Huang appeared on CNBC’s Squawk … Read more

Oracle stock slips on report company seeing thin Nvidia chip margins

The Stargate AI data center under construction in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Stargate is a collaboration of OpenAI, Oracle and SoftBank, with promotional support from President Donald Trump, to build data centers and other infrastructure for artificial intelligence throughout the US. Kyle Grillot | Bloomberg | Getty Images Oracle stock slipped … Read more

Clop hackers caught exploiting Oracle zero-day bug to steal executives’ personal data

Oracle has fixed a zero-day vulnerability in one of its flagship business software products that a hacking group is currently abusing to steal personal information about corporate executives.  In a brief post updated over the weekend, Oracle chief security officer Rob Duhart said the tech giant released a new patch to fix a vulnerability in … Read more

Plasma picks Chainlink as official oracle partner

Plasma, a high-performance layer-1 blockchain for stablecoins, has integrated with Chainlink as it looks to tap into the oracle platform’s solutions to scale applications on its network. Summary Layer 1 stablecoin plaform Plasma has integrated with Chainlink. The collaboration sees Plasma join the Chainlink Scale program, with Chainlink its official oracle provider. Integration will help … Read more

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