Oracle stock spikes 9% as strong Q3 earnings answer Wall Street AI build-out concerns

Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.

Oracle Q3 earnings on deck: Focus on cloud unit, capital spending

Evercore analyst Kirk Materne said Oracle's announcement of using $25B in debt and $25B in equity to capitalize itself, along ...
Benzinga.com

Oracle Lands $88 Million Air Force Deal To Power Top Secret Military AI

Oracle Corp (NYSE: ORCL) strengthened its position in both defense cloud computing and enterprise AI this week, securing a new military contract while expanding its artificial intelligence offerings ...
Benzinga.com

Oracle Wins CMS Cloud Contract To Power Medicare, Medicaid Modernization

The federal health agency will shift select on-premises workloads to OCI as part of an IT modernization effort, leaning on Oracle's FedRAMP High-authorized cloud to meet strict federal security and ...
WYFF

Major power provider asking customers to reduce energy use

SO WE CAN GET YOU LISTED. WELL, DUKE ENERGY SAYS EXTREMELY COLD TEMPERATURES 10 TO 20 DEGREES BELOW NORMAL ARE CAUSING VERY HIGH ENERGY DEMANDS ACROSS OUR AREAS. WELL, THEY’RE ASKING ALL OF ITS ...
AOL

Oracle Confirms Data Center Outage Impacted TikTok

On Tuesday, Oracle told Reuters in an email statement that a temporary power outage at one of its U.S. data centers disrupted TikTok's services. This led to performance issues for American users over ...
Nasdaq

Oracle’s TikTok Win Isn’t Social Media—It’s a Cloud Power Move

Wall Street has viewed Oracle Corporation (NYSE: ORCL) with a volatile mix of optimism and anxiety in recent weeks. The company’s aggressive spending on AI data centers has spooked some debt investors ...
Business Wire

Oracle and Bloom Energy Collaborate to Deliver Power to Data Centers at the Speed of AI

Bloom and Oracle collaborate to deliver onsite power to Oracle AI data centers within 90 days Fuel cells will support Oracle Cloud Infrastructure’s growth strategy with clean, reliable, and ...
MLive

DTE accepts conditions of contracts to power OpenAI, Oracle data center south of Ann Arbor

This story has been updated with more information. SALINE TWP., MI — DTE Energy Co. has accepted all the conditions that the Michigan Public Service Commission (MPSC) outlined in its conditional ...
Morningstar

Community Memorial Hospital Chooses Oracle Health to Enhance Patient Care and Power Operational Excellence

AUSTIN, Texas, Jan. 12, 2026 /PRNewswire/ -- Community Memorial Hospital (CMH) will replace its legacy health record systems with Oracle Health solutions to support innovation, optimize growth, and ...
dbta

Oracle is on Track to Power New Data Center in Michigan

Oracle is partnering with Related Digital and DTE Energy, to construct Oracle’s AI data center in Saline Township, Michigan. As the future tenant, Oracle will operate the data center once it’s ...
Bloomberg L.P.

Oracle and OpenAI Win Michigan Approval to Power New Data Center

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 ...