Oracle defends its USD 300B OpenAI contract and addresses reports of 30,000 layoffs as it launches a 50B funding plan to ...
Broadcom leads Zacks' top research picks as AI semiconductor demand, VMware integration and networking strength drive strong ...
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 ...
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 ...
Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure.
Oracle stock tumbled after the company reported second-quarter earnings that came in way above projections, and guidance that came in short of estimates. Adjusted earnings-per-share were $2.26, well ...
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 is executing a transformation that leverages its database core while supplying data center infrastructure. Read what ...
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 ...
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