NEW YORK, Dec 12 (Reuters) - The red-hot trade backing artificial intelligence-related stocks has taken a bruising from back-to-back troubling updates from Oracle and Broadcom, reigniting concerns ...

Executing significant performance improvement opportunities, including targeted cost reductions, supply chain enhancements, and category-specific profitability initiatives. These efforts, guided by ...

First Brands Group, LLC (“First Brands” or the “Company”), a leading global supplier of aftermarket automotive parts, announced today a series of decisive steps the Company has taken to stabilize its ...

Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.

Oracle shares fell 14% on Thursday, dropping from $225 to $194 and wiping out $105 billion in market value after the company sharply raised its capital expenditure outlook. The company now expects ...