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.
"The selloff in the shares has brought investor expectations to levels that better reflect the uncertainty and risks of Oracle's transition to a capital-intensive business," Oppenheimer analysts led ...
Shares of Oracle (ORCL) rose about 4% on Wednesday after Oppenheimer upgraded the stock to Outperform from Perform.
Investors continue to fret whether the company has bitten off more than it can chew with its AI-spending commitments.
Warren Buffett built the greatest investment record in modern history. Now, as Berkshire Hathaway (NYSE:BRK-A) transitions to Greg Abel, the Oracle of Omaha’s final investment appears to be one his ...
Moonwell’s $1.78 million oracle mispricing exploit is reigniting debate over “vibe-coded” smart contracts and how AI tools ...
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 ...
This Energy Provider Has a Data-Center Deal With Oracle. The Stock Is Flat After Earnings.
Oracle ( ORCL +1.71%) nearly became a $1 trillion company last fall after announcing a massive new contract with OpenAI to ...
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 ...
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 ...
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 ...