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 ...
Amid a technology sector often dominated by quarterly earnings releases and major strategic announcements, Oracle finds itself in a period of notable calm. This lack of headline-grabbing news or ...
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 ...