Oracle is running a bilingual advertising campaign in New Mexico to promote the economic, community, and environmental benefits of its Project Jupiter data center in Doña Ana County. The campaign highlights the project's use of cleaner fuel cell power, significant investments in local water systems and infrastructure, and its conservative water usage. Project Jupiter is expected to create over 4,000 construction jobs and 1,500 permanent jobs, with substantial economic impact and funding for schools, workforce development, and community services. Oracle aims to ensure no increase in residential electricity rates by covering all energy costs and minimizing water use through innovative cooling systems.
Oracle's stock dropped 19% this week, its steepest fall since the 2001 dot-com bust, driven by concerns over its $130 billion debt and heavy spending on AI infrastructure. The company’s capital expenditures surged 162% to nearly $56 billion in fiscal...
Oracle's stock fell from $303.62 in October 2025 to $152.46 in mid-2026 due to large capital expenditures and a planned $40 billion capital raise, despite strong Q4 FY2026 revenue of $19.184 billion and cloud growth of 93%. The company holds a $638 b...
Wedbush views the recent sharp sell-off in major tech stocks like Microsoft, Meta, and Nvidia as short-term impatience rather than a breakdown in the AI sector. The broker highlights that these companies are in the early stages of a long-term AI infr...
Wedbush views the recent sharp sell-off in major tech stocks like Microsoft, Meta, and Alphabet as short-term impatience rather than a collapse in the AI sector. The broker highlights that these companies are in an 'air pocket stage' due to heavy cap...
Several leading technology companies tied to AI have fallen over 20% from their highs, entering bear market territory due to high valuations, heavy AI investment costs, and economic pressures like potential interest rate hikes. Companies like Coinbas...
