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 ...

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 (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 ...

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 ...

Technology stocks, including Nvidia and Broadcom, also declined, impacting the S&P 500 and semiconductor index. To fuel this expansion, Oracle is planning $248 billion in leases for cloud capacity and ...

Only two companies in today’s top 25 of the S&P 500, Microsoft (NASDAQ: MSFT) and Oracle (NYSE: ORCL), were also leaders in 2000, reflecting a major generational shift in dominance. The evolution ...

Oracle Cloud Infrastructure on Tuesday announced it will deploy 50,000 Advanced Micro Devices graphics processors starting in the second half of 2026. The move is the latest sign that cloud companies ...

Oracle has unveiled the Oracle Cloud Infrastructure (OCI) Zettascale10 AI supercomputer. The Zettascale10 supercomputer is comprised of hundreds of thousands of Nvidia GPUs across multiple data ...

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Oracle is aiming to raise $18 billion in debt, a regulatory filing showed on Wednesday, as the company looks to invest heavily in building out cloud infrastructure to cater to burgeoning AI demand.

Nvidia just de-risked Oracle's massive backlog. A deal for TikTok USA could be coming into focus. Oracle also named two new co-CEOs. After revealing a massive increase in its cloud business earlier ...