Search the Newsreel

Oracle data center's gas pipeline permit denied by New Mexico: report

New Mexico regulators have reportedly denied Oracle's application for a natural gas pipeline permit for the second time, which was intended to supply power to a planned data center project. This decision, impacting Oracle's "Project Jupiter," raises concerns about delays, increased costs, and the …

New Mexico Denies Gas Pipeline Permit for Oracle Data Center

New Mexico regulators have rejected for a second time, applications for a natural gas pipeline permit that would supply power systems at a planned Oracle Corp. data center project. The New Mexico State Land Office stated that approving the rights-of-way and business lease would …

Why Is Oracle Stock Falling on Thursday?

Oracle's stock fell on Thursday, hitting a 52-week low, due to investor concerns over massive capital expenditures for AI infrastructure leading to a free cash flow deficit. Despite a 47% surge in cloud revenue, the company's increased spending on infrastructure, including potential future outlays …

Oracle And 3 Cloud Stocks Linked To Japan’s Secure Cloud Push

This article examines three cloud computing infrastructure stocks—Rakus (TSE:3923), AvePoint (AVPT), and Megaport (ASX:MP1)—that are well-positioned to benefit from Japan's growing demand for secure, "air-gapped" cloud services. It highlights Oracle's early lead in this government initiative and provides an overview of each company's offerings, …

NetSuite Next Rollout Begins; Ask Oracle and New AI Capabilities Added to NetSuite

Oracle NetSuite has begun its latest software rollout, NetSuite Next, which introduces several new features and AI capabilities. Key additions include "Ask Oracle" for natural language querying within NetSuite Analytics Warehouse and enhanced AI-powered functionalities across various modules. These updates aim to boost productivity …

Micron, Oracle among market cap stock movers on Wednesday

On Wednesday, several stocks, including Micron Tech and Oracle Corp, experienced significant market movements. PayPal rallied following a reported $53 billion bid from Stripe and Advent, while Aehr Test Systems shares surged on strong guidance. This report details the performance of various stocks across …

Oracle Leads AWS, Microsoft, Google in Race to Build Japan's Secret Cloud Project to Counter Chinese Hack

Oracle (NYSE: ORCL) is reportedly at the forefront of providing high-security cloud services to Japan, a critical move for secure intelligence sharing and bolstering cybersecurity against Chinese hacking. The decision to use a U.S.-based cloud provider was influenced by discussions with Washington, with Oracle …

Oracle leads rivals in race to build Japan's secret cloud: FT (ORCL:NYSE)

Oracle Corporation is reportedly the frontrunner in a bid to supply Japan with a highly secure, "air-gapped" cloud network, which is an offline system deemed critical for intelligence sharing with the United States and allies. This move positions Oracle ahead of rivals like AWS …

Oracle Corporation (ORCL) director adds shares as weekly momentum stays mixed

The insider update lands with the stock still up sharply over 12 weeks, even as shorter-term performance and relative strength are less supportive.

Oracle Corporation (ORCL) insider activity turns to a director acquisition

The filing adds a board-level transaction to Oracle (ORCL)’s market profile as weekly market data shows a mixed technical backdrop.

Oracle Aims for $50B Expansion With Cloud Infrastructure Boost