Oracle plans to raise between $45 billion and $50 billion this year as it looks to fund its huge bet on cloud computing to power artificial intelligence. About half of that will be in debt, which will ...
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 ...
Gold of 99.9% purity advanced sharply, gaining Rs 7,400, or 4.69%, to Rs 1,65,100 per 10 grams. Precious metals extended their sharp rally for the second straight day in the national capital on ...
The latest price target for Oracle (NYSE:ORCL) was reported by Morgan Stanley on January 23, 2026. The analyst firm set a price target for $213.00 expecting ORCL to rise to within 12 months (a ...
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 ...
Amid an unprecedented AI-focused borrowing binge, Oracle became the first of the hyperscalers to blink on the public equity side, raising US$5bn from the sale of a mandatory convertible preferred, ...
Oracle is considering laying off about 20,000 to 30,000 employees. The multinational company is even mulling to sell off some of its activities, since banks in the US have pulled back from financing ...
Oracle may eliminate 30,000 jobs to free billions in cash as it accelerates an expensive, high-stakes AI infrastructure push. Oracle could soon face one of the most significant workforce reductions in ...
US-based technology giant, Oracle Corp., is looking to raise between $45 billion and $50 billion in the year 2026, in an effort to build additional capacity for its cloud infrastructure investment ...
Oracle, a US-based multinational, is mulling over laying off around 20,000 to 30,000 employees, which is approximately 10% of its workforce, CIO reported, citing investment bank TD Cowen. The plans of ...
Oracle is contemplating to cut nearly 20,000-30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data centre expansion, according to a CIO report. The ...
Oracle’s remaining performance obligations surged to $523B. This represents roughly 8.5 times annual revenue. Oracle’s trailing free cash flow turned negative at $13B as capital expenditures soared ...
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