Oracle Gains as AI Data Center Push Drives Energy Deal Expansion
Oracle stock rises after expanding its Bloom Energy deal to power AI data centers.
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Oracle stock rises after expanding its Bloom Energy deal to power AI data centers.
Oracle shares rise as the company cuts jobs and shifts spending toward AI infrastructure and cloud expansion.
Michael Burry says he holds put options on Oracle and would bet against OpenAI at a $500 billion valuation, adding to the AI bubble debate.
Oracle’s $10 billion Michigan data center project faces temporary uncertainty after financing talks stalled, though the company says development remains on track.
Oracle shares fell 6.5% after reports claimed some OpenAI data centers were delayed, despite the company denying any changes to project timelines.
Oracle’s credit risk measure climbed after its latest earnings report, driven by increased debt issuance and investor concern over capital intensity tied to cloud and AI expansion.
Michael Burry warns Oracle and Meta could overstate profits by up to 27% through extended depreciation timelines on AI infrastructure.