Oracle is experiencing higher borrowing costs and a pullback from US banks as it attempts to finance its large data centre ...
Oracle's statement "chips away at hyperscaler supply risks," Bank of America said, so why did the stock start trading down on ...
Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
Oracle (NYSE:ORCL) announced on Friday that it expects to raise $45 billion to $50 billion in cash this year through a ...
Oracle plans to raise up to $50 billion in cash through equity and debt sales in 2026 to build more capacity in its cloud ...
Oracle may take drastic cost-cutting steps to improve cash flow stress, according to CIO, citing TD Cowen’s assessment. In ...
Oracle is reportedly planning layoffs of up to 30,000 employees as it faces funding pressure to expand AI data centres, with ...
Oracle Financial Services is transforming banking with an enterprise-class suite of AI-infused applications, design tools, frameworks and pre-built AI agents. With these advancements, banks can ...
Oracle’s plan to raise $50 billion had shares rising. Then a tweet about its confidence in OpenAI triggered a selloff that spoke volumes.
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.
As US banks retreat from AI data-centre financing, Oracle is considering cutting up to 30,000 jobs and selling Cerner to ease mounting financial pressure, TD Cowen says.
Oracle stock rose on Monday after the tech giant said it plans to raise up to $50 billion this year to fund its ambitious bet on AI and cloud computing.