Oracle’s earnings report last week didn’t do much to soothe concerns about how the company will fund its artificial-intelligence investments. In fact, investor sentiment has taken a turn for the worse ...
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 ...
(Bloomberg) --Oracle Corp. shares have fallen more than 50% from last year’s all-time high as investors concerned about the artificial intelligence trade and the company’s links to OpenAI flee the ...
Forbes contributors publish independent expert analyses and insights. I consult on marketing strategy, content creation, and messaging. Oracle burned through $10 billion in cash in its most recent ...
Over the past quarter, Oracle’s stock has fallen nearly 40% from its highs as investors reassessed margins, capital spending, cash flows, and balance-sheet risk. (Photo source: Reuters and AI ...
Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...
Ellison owns around 41% of Oracle’s shares, a software company he co-founded in 1977. That stake in Oracle and stakes in Tesla Inc (NASDAQ: TSLA) and Paramount Skydance (NASDAQ: PSKY) have helped ...
Simply sign up to the US equities myFT Digest -- delivered directly to your inbox. Wall Street’s S&P 500 set a record closing high on Thursday as gains in consumer-focused and financial companies ...
As Oracle pours billions into AI data centers, enterprises may face rising costs — but Oracle too is in a tight spot, which gives CIOs leverage in negotiations. Oracle’s aggressive AI-driven data ...
Oracle has sold off since its post-earnings surge. The tech giant’s cloud growth depends on a handful of key customers. Oracle is taking on debt and undercutting the competition on pricing. Oracle ...
It could be a concern for enterprise CIOs as well as for creditors due to ‘profound change in the company’s capital posture.’ The financing arrangement for Oracle’s massive data center plan aimed at ...
Oracle is forecasting a significant acceleration in growth through 2030, owing to the terrific demand for its cloud infrastructure. Importantly, Oracle seems to have a big-enough contract backlog that ...