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 (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 ...
According to a report by CIO, citing investment bank TD Cowen, Oracle is considering cutting between 20,000 and 30,000 jobs and may also look at selling parts of its business, including Cerner, the ...
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 ...
Feb 1 (Reuters) - Oracle (ORCL.N), opens new tab expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure, the software company said on Sunday.
Oracle is rated a "Buy" after a 40% pullback, with the current valuation reflecting key risks. ORCL's $523 billion RPO is increasingly diversified, with new contracts from Meta and Nvidia reducing ...
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 addressed customer concentration risk in its latest earnings call. The company pointed to its ability to shift AI computing capacity between customers within hours in the event that a large ...
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