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Oracle Says Michigan Data Center Deal Moving Ahead Without Blue Owl
Yahoo Finance· 2025-12-22 16:02
Oracle Corporation (NYSE:ORCL) is included among the 13 Top Tech Stocks Paying Consistent Dividends. Oracle Says Michigan Data Center Deal Moving Ahead Without Blue Owl On December 17, Oracle Corporation (NYSE:ORCL) said talks around an equity deal for a major data center project in Michigan are “on schedule” and will move forward without Blue Owl Capital. Blue Owl has played a role in financing large data center projects for companies such as Oracle and Meta Platforms in recent months, but it will not b ...
Oracle (ORCL) Pushes Back on Report of OpenAI Data Center Delay
Yahoo Finance· 2025-12-16 19:40
Group 1 - Oracle Corporation is included among the 15 Best Blue-Chip Stocks with Growing Dividends [1] - Oracle pushed back against a Bloomberg report claiming a delay in completing data centers for OpenAI, stating that the timeline remains on track [2][4] - Following the report, Oracle shares fell more than 4% on December 12 [2] Group 2 - RBC Capital reiterated its Sector Perform rating and $250 price target on Oracle, confirming the company's denial of the delay claims [3] - An Oracle spokesperson emphasized that site selection and delivery timelines were established in coordination with OpenAI, with no delays reported [4] - The partnership between Oracle and OpenAI is valued at over $300 billion over the next five years, highlighting the significance of their relationship [4][5]