SoftBank Group shares fell after Oracle's quarterly results rekindled concerns about how soon investments in artificial intelligence will turn into profits. Shares were recently 5.1% lower at 17,715 ...
Plus: OpenAI gets Disney characters for Sora in billion-dollar deal; Mass ANZ redundancies trigger pay errors, bonus delays; ...
The cost of insuring Oracle's debt against default has spiked following its latest earnings report, reigniting concerns about ...
With relatively tepid growth, rising debt, an increasing cash burn rate, soaring capex and reliance on money-losing OpenAI, ...
This correction signals a major change in market perception. The focus has shifted from praising Oracle’s ambition to ...
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