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 ...
Oracle (NYSE:ORCL) trades around $168–170 after a sharp derating that has erased more than 50% from the peak above $340, wiping roughly $463 billion off a previous market value north of $933 billion.
Oracle, a US-based multinational, is mulling over laying off around 20,000 to 30,000 employees, which is approximately 10% of its workforce, CIO reported, citing investment bank TD Cowen. The plans of ...
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Oracle plans to raise $45b to $50b through a mix of debt and equity to rapidly expand its ...
Have you ever wished Excel could do more of the heavy lifting for you? Imagine transforming hours of tedious data cleaning and analysis into just a few clicks. That’s exactly what Microsoft’s ...
Shares are hovering near $193, down sharply from the $345 52-week high and off more than 12% over the past month. The short-term picture isn't doing Oracle any favors. The stock is trading below its ...
For a few brief weeks in September and October, Oracle was on top of the artificial-intelligence revolution. The storied business-software and database company had a burgeoning $300 billion ...
Oracle is executing a bold cloud and AI pivot, with 2025 revenue up 8% to $57.4B and cloud revenue surging 20–50%. ORCL’s $97B backlog and multi-year OpenAI deal signal strong demand, but the ...
Delayed AI infrastructure projects, rising debt, and weaker-than-expected earnings are reviving dot-com-era fears on Wall Street. Reading time 2 minutes After spending a year making it clear that it ...
Oracle stock slid after a report that Blue Owl Capital won't back a $10 billion data center for OpenAI. The cloud company later said that the project remains "on schedule" but that Blue Owl was out of ...
Oracle shares drop after dour forecast, higher capex AI-related stocks including Nvidia fall At least 13 brokerages slash PT on stock following results Dec 11 (Reuters) - Oracle (ORCL.N), opens new ...
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