In September, Oracle forecast that it would grow revenue from its Oracle Cloud Infrastructure (OCI) cloud segment from around ...
Oppenheimer believes that a sharp recent pullback in Oracle has created an attractive risk-reward balance for investors. The ...
Shares of Oracle (ORCL) rose about 4% on Wednesday after Oppenheimer upgraded the stock to Outperform from Perform.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Banks are tapping investors such as insurance companies and private credit funds as they try to find buyers for ...
Oracle has confirmed that financing for its Port Washington data center is on schedule. The Port Washington campus is part of a larger partnership with OpenAI to develop artificial intelligence.
Employees linked to data centres and non-core units are likely to be most at risk. Customers are also likely to feel the impact. To cut costs, Oracle is asking new customers to pay 40 per cent of fees ...
Oracle is contemplating to cut nearly 20,000-30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data centre expansion, according to a CIO report. The ...
Oracle Layoffs 2026: Oracle Considers Up To 30,000 Job Cuts As Funding Pressure Builds: Oracle is weighing deep cost-cutting measures, including tens of thousands of layoffs and potential asset sales, ...
Feb 2 (Reuters) - Oracle (ORCL.N), opens new tab shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to ...