An Oppenheimer analyst has turned bullish on Oracle’s stock after a selloff that has wiped away more than half the company’s value since its September peak.

Shares of Oracle (ORCL) rose about 4% on Wednesday after Oppenheimer upgraded the stock to Outperform from Perform.

According to a report by CIO, citing investment bank TD Cowen, Oracle is considering cutting between 20,000 and 30,000 jobs and may also look at selling parts of its business, including Cerner, the ...

Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.

ORCL’s operating margin of 31.9% is substantial, but falls short of MSFT’s 46.7% because of Oracle’s extensive investment in cloud data center infrastructure. ORCL’s revenue growth of 11.1%, driven by ...

Tech major Oracle is reportedly planning to cut as many as 20,000 to 30,000 jobs globally, as the company looks to redirect resources towards building Artificial Intelligence data centres, a report by ...

The likelihood that Nvidia NVDA1.02%increase; green up pointing triangle will be investing far less than $100 billion in OpenAI raises big questions for Oracle ORCL-5.40%decrease; red down pointing ...

Oracle climbed 9% and Microsoft gained 3%. Nvidia and Meta each added more than 2%. Alphabet inched higher. Amazon shares ...