Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...
Oracle (ORCL)’s stock plummeted by 37% in the last three months, even with a modest increase in revenue and better margins. The reasons for the decline include cautious Q2 earnings, diminished ...
Oracle plans to raise $45–$50 billion in 2026 to expand Oracle Cloud Infrastructure and meet growing customer demand.
WASHINGTON, Jan 27 (Reuters) - Oracle (ORCL.N), opens new tab on Tuesday said issues faced by U.S. users of social media app TikTok are the result of a temporary weather-related power outage at an ...
Oracle's (ORCL) announcement regarding its equity and debt financing plans for 2026 is a “clearing event” for shares of the IT giant, investment firm BNP Paribas said. “We view Oracle’s financing ...
The site will create as many as 1,500 permanent jobs at the data centre or in the county after construction is complete, double the previous forecast, Oracle said Friday in a statement. It “will ...
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Oracle, ticker NYSE:ORCL, has secured a significant stake in a new U.S. based ...
Oracle (ORCL) raised fiscal 2026 capex guidance to $50B from $35B. Oracle’s stock has nearly halved despite aggressive AI infrastructure buildout. Oracle’s total debt and lease obligations reached ...
In mid-January 2026, Oracle had massive unrealized potential on the table due to the recent acquisition of TikTok holdings. Once merely the landlord of this property, it's now also going to be able to ...
TikTok is now majority-owned by a group of U.S.-backed investors, including Oracle, Silver Lake, and MGX. The app's former owner, Chinese company ByteDance, retains a ...
Oracle (ORCL 5.40%) stock jumped 3% through 10:40 a.m. ET Monday after publication of an internal memo to employees from TikTok CEO Shou Chew -- confirming the TikTok U.S. deal is done. Oracle, ...
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 ...