Oracle defends its USD 300B OpenAI contract and addresses reports of 30,000 layoffs as it launches a 50B funding plan to ...

Banks are looking to offload tens of billions of dollars in loans linked to Oracle’s (NYSE:ORCL) data center buildout, as ...

Oracle has said it plans to raise between $45-50 billion in debt and equity in 2026 to help fund the expansion of its cloud computing business. As reported by The Information, Oracle will use the ...

Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure.

Overview Oracle shares fell nearly 1% as reports of large job cuts worried investors.Funding stress around AI data centres raised doubts over Oracle’s expansion ...

Broadcom leads Zacks' top research picks as AI semiconductor demand, VMware integration and networking strength drive strong ...

Oracle may cut 20,000-30,000 jobs and sell Cerner as US banks pull back from AI data centre financing, reports CIO citing TD Cowen research.

Oracle is reportedly planning to cut up to 30,000 jobs as the company looks for cash to fund its costly AI data centre expansion.

Last quarter, Oracle's stock was hit hard after the software giant reduced fiscal Q2's guidance below what the sell-side was expecting, even though operating margin rose about 150 bps y.y. When Oracle ...