Oracle’s Extreme Sell-Off Creates Buying Opportunity Ahead of Investor Day, Citi Says
Citi maintains Buy on Oracle with $330 target after extreme sell-off. AI demand and $85B contracts seen as key drivers ahead of Investor Day.
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Oracle Stock Drops After Key New Mexico Gas Pipeline for Data Center Delayed to 2027
Green Chile natural gas pipeline for Oracle’s Project Jupiter data center in New Mexico delayed to February 2027 due to state regulatory hurdles.
Nvidia to Invest Up to $3 Billion in Lancium, the Power Company Behind Stargate
Nvidia plans up to $3B investment in Lancium, the Blackstone-backed power firm behind the Stargate AI data center project, valuing it at $10B.
Oracle Wins Nearly $7 Billion Pentagon Software Deal to Streamline Military Systems
Defense Department signs up to 10-year, nearly $7 billion Oracle contract to unify software licensing, cut costs, and save taxpayers $441 million.
Starbucks Builds In-House AI Tools to Cut Reliance on Microsoft, IBM, and Oracle
Starbucks aims to slash $400M in annual software spend by building its own AI tools, challenging Microsoft Dynamics, IBM TRIRIGA, and Oracle Simphony.
Microsoft Walks Away from $3 Billion Oracle Cloud Deal Over Security Concerns
Microsoft walked away from a potential $3 billion deal to lease Oracle cloud capacity due to security concerns, as Oracle’s public cloud lacks FedRAMP certification.