Yahoo Finance

Oracle stock rockets higher on Q3 earnings beat, 2027 revenue outlook

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Reuters

Oracle sees AI boom through at least 2027, sending shares up 8%

Oracle's AI data center strategy boosts revenue forecast to $90 billion by 2027 RPO grows 325% YoY to $553 billion in Q3, surpassing estimates Oracle's cloud margins expected to improve with database ...
Abilene Reporter-News

Oracle disputes reports on Abilene AI data center expansion

Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...
Fox Business

Oracle expected to slash thousands of jobs as massive AI spending creates financial cash crisis

Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...
TechRepublic

Oracle Reportedly Planning Thousands of Job Cuts Amid Massive AI Spending

Oracle Reportedly Planning Thousands of Job Cuts Amid Massive AI Spending Your email has been sent Oracle is reportedly preparing to cut thousands of jobs as the tech giant pours billions of dollars ...
The Motley Fool

Here's Why Oracle Stock Got Hammered Last Month

Oracle and OpenAI are burning cash, and there are significant questions around their ability to raise commensurate funds to achieve their aims. Reports of OpenAI clarifying its spending plans are a ...
The Motley Fool

Here's Why Oracle Stock Slumped Today (Hint: It's Nvidia Related, But Not How You Might Think)

Oracle stock appears to be trading as a proxy for the market's view on OpenAI's ability to raise funds. The market needs clarity on OpenAI's funding and Oracle's ability to meet its AI spending ...
Yahoo Finance

Oracle Wins CMS Cloud Contract To Power Medicare, Medicaid Modernization

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Indiatimes

Oracle can't stop explaining 'all is well' after $300 billion 'OpenAI Shock', says: We are also…

Oracle is actively promoting its AI data center progress and job creation efforts amidst significant investor concerns. The company's massive $300 billion OpenAI cloud contract, signed in September ...
Indiatimes

Oracle makes a public clarification on the deal that analysts say will be behind company laying off up to 30,000 employees: We remain highly...

Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure. Despite a stalled Nvidia deal, Oracle remains confident in OpenAI's funding ...
Mint

Oracle layoffs: Which departments will get affected? Here's what we know

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 ...