Nvidia’s OpenAI pivot puts Oracle’s accounting in the spotlight.
In yet another wave of layoffs, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the ...
Overview Oracle shares fell nearly 1% as reports of large job cuts worried investors.Funding stress around AI data centres raised doubts over Oracle’s expansion ...
Oracle may take drastic cost-cutting steps to improve cash flow stress, according to CIO, citing TD Cowen’s assessment. In ...
Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already incurred significant debt for AI data centers, with its stock ...
Ransomware groups are back at encrypting victim data for extortion, in addition to exfiltrating it, increasing chances of ...
However, investors should remain cautious as CAT enters what technical indicators suggest is a "rich" valuation. In fact, CAT ...
In a bold move to expand its cloud infrastructure capabilities, Oracle has announced plans to raise between $45 billion and $50 billion in 2026. This significant financial undertaking aims to address ...
Aneel Bhusri, Workday's co founder and former executive chair, has returned as CEO following Carl Eschenbach's immediate resignation. The leadership change coincides with Workday's renewed focus on ...
Amazon (NASDAQ: AMZN) will spend more money this year than it makes. Meta (NASDAQ: META) is burning through its cash reserves. Oracle (NYSE: ORCL) just borrowed $25 billion to fund a deal with a ...
For the last three years, the story of artificial intelligence (AI) has been a story about silicon. Investors have poured ...
The tech giant said it plans to raise up to $50 billion using equity and debt this year.