Quick Read Oracle (ORCL) sits 56% below its 52-week high; Jefferies cut price target to $320 from $400 after shelving ...

While Oracle has traditionally been viewed as a legacy database provider, its aggressive pivot toward Oracle Cloud ...

Reports of layoffs at Oracle suggest that thousands will be let go this month to free up resources for its AI data center ...

Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people ...

March 5 (Reuters) - Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a ...

March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas ...

The shifting plans underscore the complexity of building out AI data centers, which are expected to cost tens of billions.

Oracle Corporation plans mass layoffs affecting thousands of employees to address a cash crunch linked to its AI data center ...

One of America's biggest technology companies is cutting jobs on a significant scale, even as it bets billions on an ...

Oracle (NYSE:ORCL) has had a brutal run since its moment in the AI spotlight. But Jefferies analyst Brent Thill isn’t running away from it. He just reiterated his Buy rating on the stock, and while he ...

Preview this article 1 min Oracle is building high-powered data centers around the world to meet booked business from major ...

The market continues to stress the company's exposure to OpenAI, not least as Oracle's debt continues to balloon while its cash flow goes in the other direction.