Oracle is accelerating data center construction timelines and managing costs. It is justifying its spending by fulfilling highly profitable contracted capacity. Oracle’s cash burn is taking a toll on ...

But Oracle has promised to make development of the Community Edition of the database more transparent and inclusive, and to ...

DA Davidson upgraded its Oracle (ORCL) rating to Buy from Neutral, noting that clarity on OpenAI's (OPAI.PVT) funding outlook would create value for Oracle. DA Davidson head of technology research Gil ...

Oracle revealed plans to raise up to $50 billion in debt and equity to finance its massive data center commitments The company's 5-year credit default swaps fell 17% as the likelihood of a credit ...

US tech giant Oracle is planning to cut around 30,000 jobs as it looks to raise money for a huge expansion of its artificial intelligence (AI) data centres. According to a report by CIO, based on ...

Oracle (ORCL) raised fiscal 2026 capex guidance to $50B from $35B. Oracle’s stock has nearly halved despite aggressive AI infrastructure buildout. Oracle’s total debt and lease obligations reached ...

Majority US-owned venture includes Larry Ellison’s Oracle, private-equity group Silver Lake and Abu Dhabi’s MGX TikTok announced on Thursday it had closed a deal to establish a new US entity, allowing ...

TikTok and its Chinese parent ByteDance Ltd. have closed a deal to transfer parts of their US operations to American investors, securing the app's future in the US and avoiding a nationwide ban. The ...

As AI tools have proliferated in workplaces and pressure to use them has mounted, employees have had to contend with the scourge of workslop, or low-effort, AI-generated work that looks plausibly ...

Oracle stock (NYSE: ORCL) has dropped 7% in a day, currently priced at $257. This decline appears to be due to profit-taking after the stock had soared over 80% in the past six months, largely driven ...