Oracle has reportedly started a massive round of job cuts. Beginning on Tuesday, March 31, the company is set to lay off thousands of workers - though the exact extent is unclear - according to a ...
Oracle began layoffs on Tuesday, affecting workers across various regions. Affected Oracle employees received layoff notifications that signaled immediate job termination. Laid-off Oracle staff were ...
The spike in Oracle's credit default swap (CDS) pricing (the price to protect against a bond default) shocked the market in November, and unfortunately, it has stayed at elevated levels ever since.
Oracle revealed plans to raise up to $50 billion in debt and equity to finance its massive data center commitments The company's 5-year credit default swaps fell 17% as the likelihood of a credit ...
Oracle (ORCL) raised fiscal 2026 capex guidance to $50B from $35B. Oracle’s stock has nearly halved despite aggressive AI infrastructure buildout. Oracle’s total debt and lease obligations reached ...
Your iPhone uses preinstalled Apple apps by default for system actions like opening links, making phone calls, and more. But iOS lets you set new default apps in a ...
Shares of Oracle are down big from the all-time high they reached in August. Oracle's AI spending could be viewed as reckless or a bold bet worth taking. Optimists about Oracle's new direction should ...
Forbes contributors publish independent expert analyses and insights. Peter Cohan, a Boston-based senior contributor, covers stocks. The likelihood of a severe "OpenAI bankruptcy cascade" scenario has ...
LONDON, Dec 11 (Reuters) - The cost of insuring Oracle (ORCL.N), opens new tab debt against default surged on Thursday to its highest in at least five years, after the company's results missed ...
Oracle’s $2.26 EPS beat relied on a $2.7B one-time gain. Core earnings missed at $1.33 versus $1.64 expected. CapEx guidance jumped $15B to $50B for fiscal 2026. Free cash flow burned $10B for the ...
LONDON, Dec 11 (Reuters) - The cost of insuring Oracle's debt against the risk of default ‌has shot up after its latest earnings reignited worries about ‌how much the broader corporate sector is ...