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

While Oracle has not confirmed that it is conducting layoffs, it would not be the first tech giant to slash jobs in response ...

Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure.

In yet another wave of layoffs, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the ...

Oracle is looking to raise between $45 billion and $50 billion in the year 2026, in an effort to build additional capacity ...

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 ...

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 shares slipped after the company’s statement appeared to have the opposite effect and spooked investors who were already angsty about its exposure to OpenAI.

Oracle is executing a transformation that leverages its database core while supplying data center infrastructure. Read what ...

Oracle's (NYSE:ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year or so, lower than what many equity analysts have forecast, The ...

Oracle Corporation (NYSE:ORCL) is one of the most promising cloud stocks according to analysts. Morgan Stanley, in an update issued on January 23, lowered its target price on Oracle Corporation (NYSE: ...

Oracle's stock soared after a report of a cloud contract with OpenAI and an optimistic forecast for its AI-driven cloud infrastructure. The company projects aggressive eight-fold growth in cloud ...