DATAQUEST

Oracle clarifies layoff speculation, while defending the OpenAI partnership

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

Under investor pressure, Oracle may cut 30,000 jobs to bankroll AI infrastructure: Report

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

Oracle Share Price Drops 1% on Job Cut Reports, OpenAI AI Expansion Strain

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 In Transition: Investor Prize Or Awkward Proposition?

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

Oracle says it’s ‘highly confident’ in OpenAI funding amid Nvidia ‘rift’ reports

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.
Hosted on MSN

Oracle's documents show financial challenges of renting out Nvidia's chips: report

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 (ORCL) remains a long-term cloud computing story despite near-term headwinds

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: ...
Forbes

Oracle Stock Up 99% On Growth Forecast. Learn Whether To Buy $ORCL

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 ...