Oracle will report third-quarter results on Tuesday. Its shares fell more than 15% last year, with its December results showing about $10 billion in cash burn for ​the first half of the fiscal year.
Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.
Oracle ORCL shares rose more than 10% on Feb. 9, posting its biggest daily gain since last September, after a sell-side competitor issued a more favorable rating. Despite the rally, Oracle stock was ...
Michigan Attorney General Dana Nessel moved for a reconsideration of the approval for utility DTE Energy Co. to power a massive data center development planned by Oracle and OpenAI in Saline Township ...
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.
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Oracle Cloud funding plan

Oracle plans to raise up to $50B in 2026 to expand cloud capacity for AI customers, intensifying investor scrutiny over rising debt and AI exposure. Trump signals willingness to defend Diego Garcia ...
Oracle Corp. predicted that a massive data center it’s developing for OpenAI in New Mexico will create more jobs than previously announced, another example of tech companies trying promote positive ...
Oracle and OpenAI have plans to build $500 billion of data centers in a venture called Stargate. JPMorgan Chase has seen slower investor interest for $38 billion of debt tied to two Stargate sites.
Over the past few months, investors have been treating Oracle’s stock with caution. Reflecting fears of ballooning capital expenditures and the risk Oracle could lose its investment-grade credit ...
Microsoft is seeking approval for additional future phases of its data center campus development in Mount Pleasant, with plans that could include another 8.4 million square feet of data center space ...