Oracle defends its USD 300B OpenAI contract and addresses reports of 30,000 layoffs as it launches a 50B funding plan to ...
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Oracle could lay off 30,000 employees, report reveals
Oracle is reportedly planning to cut up to 30,000 jobs as the company looks for cash to fund its costly AI data centre ...
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 ...
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 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 ...
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 ...
Oracle Corporation ( (ORCL)) has released its Q2 earnings. Here is a breakdown of the information Oracle Corporation presented to its investors. Discover top-rated stocks from highly ranked analysts ...
As we’ve been following, Oracle (Nasdaq: ORCL) reported Fiscal Q2 earnings after the bell and shares are down 5.6% as of 4:20 p.m. ET. Let’s look at some pros and cons from the quarter. RPO increased ...
Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure.
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