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 Layoffs: Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said. According to a report by CIO citing research published this week by investment ...

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 ...

The likelihood that Nvidia NVDA0.91%increase; green up pointing triangle will be investing far less than $100 billion in OpenAI raises big questions for Oracle ORCL-4.57%decrease; red down pointing ...

In my view, Oracle has become an OpenAI sentiment story. Oracle plans to raise $45B–$50B of gross cash proceeds through a balanced mix of debt and equity, with concrete details on both. I see this as ...

(Bloomberg) --Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build additional cloud infrastructure capacity, reflecting the scale of ...

Oracle’s remaining performance obligations surged to $523B. This represents roughly 8.5 times annual revenue. Oracle’s trailing free cash flow turned negative at $13B as capital expenditures soared ...

Investing.com -- Oracle (NYSE:ORCL) stock jumped briefly before paring gains Wednesday afternoon following a Bloomberg report that Blackstone (NYSE:BX) is considering expanding its financial ...

Investing.com - BMO Capital has lowered its price target on Oracle (NYSE:ORCL) to $205.00 from $270.00 while maintaining an Outperform rating on the stock. Oracle shares currently trade at $151.80, ...

Feb 2 (Reuters) - Oracle (ORCL.N), opens new tab shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to ...

Investing.com -- Oracle (NYSE:ORCL) stock jumped briefly before paring gains Wednesday afternoon following a Bloomberg report that Blackstone (NYSE:BX) is considering expanding its financial ...

Meta Platforms' (META) auditor Ernst & Young raised a red flag over the social media giant's decision to keep a $27B data center project off its balance sheet in its latest annual report, according to ...