Oracle ORCL shares have plunged 42.8% over the past six months, underperforming the broader Computer and Technology sector’s ...
Hammered by the general software selloff and AI debt concerns, shares of Oracle have shed 22% over eight trading sessions ...
Oracle may take drastic cost-cutting steps to improve cash flow stress, according to CIO, citing TD Cowen’s assessment. In ...
Oracle is planning to raise $50 billion through a combination of debt and equity in 2026, to fund the expansion of its cloud infrastructure for major AI clients.
Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure.
Oracle Health is expanding its Clinical AI Agent to help clinicians automate the creation of clinical orders during patient ...
The stock’s decline has erased about $463 billion in market value from a record hit on Sept. 10 after the company reported an ...
Oracle is reportedly planning layoffs of up to 30,000 employees as it faces funding pressure to expand AI data centres, with ...
Oracle may cut 20,000-30,000 jobs and sell Cerner as US banks pull back from AI data centre financing, reports CIO citing TD Cowen research.
Oracle Health has been accelerating its AI integration while expanding its EHR technology at multiple health systems. For instance, Franklin, Tenn.-based Community Health Systems is consolidating its ...
As of Friday, Oracle shares had dropped more than 50% from last year's high, but were once again rising by Monday morning.
Oracle is reportedly considering up to 30,000 job cuts and asset sales as US banks step back from financing its AI data-center expansion, raising concerns over rising costs and funding challenges.