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Oracle was planning to build a massive $10 billion AI data center in Michigan with OpenAI as part of their Stargate. initiative. But Blue Owl Capital, the investment firm financing it, just walked away from the deal. The reason? Oracle’s debt has exploded to $108 billion and lenders are getting nervous about whether the company …
Oracle debt to the moon 🚀🌓 by inwallstreetbets For the six-month period ending Nov. 30, Oracle generated $10.2 billion in operating cash flow and used $20.5 billion for capital expenditures. That works out to a negative free cash flow of $10.3 billion. Capital spending more than tripled year-over-year during the period as Oracle plowed ahead …
Florida Customers Tracked: 11,550,924 Customers Out: 3,108,542 Last Updated: 2024-10-10 05:08:38 AM https://poweroutage.us/area/state/florida Hurricane Milton rips off roof of Tampa Bay Rays’ Tropicana Field, which was turned into shelter for first responders. https://nypost.com/2024/10/10/sports/tropicana-field-roof-ripped-off-destroyed-during-hurricane-milton-in-st-petersburg/ h/t gebahie