Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported Thursday. Long a smaller ...

A large majority of technology professionals in Southeast Asia are moving their companies away from Oracle’s Java software, driven by rising licensing costs and the need to free up budget for ...

Oracle is reportedly planning thousands of layoffs as it pours billions into AI data centers, raising investor concerns over ...

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center ...

By Forbes estimates, the elder Ellison, who is also Oracle’s largest shareholder, doesn’t have enough cash on hand to fulfill his part of Paramount’s $111 billion offer for Warner Bros. Discovery.

Investors have grown worried about how it would fund the data center expansion needed to serve customers including OpenAI, Elon Musk's xAI and Meta.

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

I have to say that it was quite a spectacle to actually see how the incredible surge took Oracle stock from its May bottom to the highs in September, before it all came crashing down over the next ...

Oracle (ORCL) shares jumped 10% today after dropping 60% from September highs above $345. Oracle plans to raise $45B to $50B this year through debt and equity to fund cloud infrastructure expansion.

Shares of Oracle were stuck in a downward spiral for months, but the tide may be finally turning for the software and cloud giant. Oracle’s stock has plunged roughly 50% from its September peak — ...

Oracle's shares may be oversold. OpenAI and TikTok should help to fuel the cloud giant's growth. The sell-off in Oracle's shares is overdone. That's according to Davidson analyst Gil Luria, who ...

Oracle Corp. shares extended their rebound on Monday, as ramped up capex spending by US technology giants helped soothe nerves over the threat posed to the company by developments in artificial ...