Oracle and OpenAI drop Texas data center expansion plan, Bloomberg News reports

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

Is Oracle Stock The New King Of Cloud Growth?

While Oracle has traditionally been viewed as a legacy database provider, its aggressive pivot toward Oracle Cloud Infrastructure (OCI) has sparked a ...

Oracle Reportedly Planning Thousands of Job Cuts Amid Massive AI Spending

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

Oracle Launches AI Tool To Predict Construction Safety Risks

Oracle Corp ORCL shares are up during Friday’s premarket session, reflecting positive investor sentiment following an announcement in construction safety management. The stock is outperforming despite ...

Oracle’s $50-billion AI bet forces it to cut thousands of jobs

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 ...
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Jefferies analyst: Oracle down 50% but in ‘better spot’ with accelerating growth

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 ...