Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported Thursday. Long a smaller ...
Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.
Investors continue to fret whether the company has bitten off more than it can chew with its AI-spending commitments.
Shares of Oracle (ORCL) rose about 4% on Wednesday after Oppenheimer upgraded the stock to Outperform from Perform.
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 Corp. has begun laying the groundwork needed to start construction on its new headquarters in Nashville.
Big Tech stocks tried to rally Monday after a week that saw more than $1 trillion wiped from their market caps. Oracle led the gains among the tech names. Market concerns came as companies announced ...
Unlock the power of event-driven architecture with AWS's innovative pattern for Amazon RDS SQL Server. This approach decouples database events from processing, enhancing scalability and responsiveness ...
Hammered by the general software selloff and AI debt concerns, shares of Oracle have shed 25% over eight trading sessions Oracle issued $25 billion of corporate bonds on Monday as part of its 2026 ...
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