Oracle is actively promoting its AI data center progress and job creation efforts amidst significant investor concerns. The company's massive $300 billion OpenAI cloud contract, signed in September ...
Oracle (ORCL) just made a bold move that’s sending mixed signals to investors. The software giant announced a $20 billion equity distribution agreement, effectively allowing itself the flexibility to ...
Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...
Tech major Oracle is reportedly planning to cut as many as 20,000 to 30,000 jobs globally, as the company looks to redirect resources towards building Artificial Intelligence data centres, a report by ...
Oracle shares fell 2% on February 2 following the company’s announcement that it planned to raise upwards of $50 billion in 2026. That spike came after Oracle reported a 359% increase in its remaining ...
Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...
Oracle faces continued downside risk as AI deal optimism fades and market sentiment shifts. ORCL's $300B OpenAI deal boosted obligations but raises concerns over thin margins, debt, and AI investment ...
Oracle announced a $300 billion, five-year deal in September to supply OpenAI with computing power. Two weeks later, the company raised $18 billion through bonds and notes. Then, just seven weeks ...
Oracle faces legal action from bondholders who claim the company withheld critical information when it raised nearly $20 billion in capital this September. The market is pricing Oracle bonds as ...
A growing number of companies are facing ransom demands from hackers who stole sensitive data through security flaws in widely-used Oracle business software nearly six months ago. The breach, which ...
Oracle Corporation is upgraded to a buy as valuation hits multiyear lows, despite strong growth momentum. Cloud revenues surged 34% YoY, with Oracle Cloud Infrastructure up 68%, and RPOs soared 438% ...
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