Wall Street kicked off the holiday-shortened week with a broad stock market rally. The S&P 500 rose 0.6%. The market benchmark finished within striking distance of its Dec. 11 closing high of 6901.
Alphabet set to buy data center, energy infrastructure developer Intersect for $4.75 billion in cash
Alphabet announced an plan to buy Intersect for $4.75 billion to secure power for US data centers. The move comes as tech firms face rising grid constraints and AI infrastructure project delays.
Wall Street's key indices fell on Wednesday as the markets searched for clues on the outlook for interest rates. At 11:39 a.m. ET, the Dow Jones Industrial Average fell 105.49 points, or 0.22%, to ...
Sony Interactive Entertainment announced that Sucker Punch lead and co-founder Brian Fleming will step down after nearly three decades. Starting at the beginning of 2026, creative and technical ...
Oracle stock fell 11% today, as investors fret over how much the company is spending to build out AI data centers for OpenAI and others. Oracle Chairman Larry Ellison, whose roughly 40% stake has made ...
Credit default swaps are derivatives that function like insurance on bonds, paying out if a borrower fails to meet its debt obligations. Rising CDS spreads signal that investors see higher risk.
LONDON, Dec 11 (Reuters) - The cost of insuring Oracle's (ORCL.N), opens new tab debt against the risk of default has shot up after its latest earnings reignited worries about how much the broader ...
Oracle Corporation (NYSE:ORCL) is one of the Trending AI Stocks on Wall Street. On December 8, Mizuho maintained its “Outperform” rating on the stock with a $400.00 price target. With Oracle’s ...
Oracle’s default risk is rising fast. The tech giant’s 5-year Credit Default Swap has jumped to 128 basis points, the highest level since the 2008 financial crisis. Traders are now aggressively buying ...
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