NDTV

Oracle Plans To Lay Off 20,000 To 30,000 Employees: Report

Oracle, a US-based multinational, is mulling over laying off around 20,000 to 30,000 employees, which is approximately 10% of its workforce, CIO reported, citing investment bank TD Cowen. The plans of ...
Barron's

Oracle to Raise Up to $50 Billion. What It Means for the Stock.

Oracle plans to raise between $45 billion and $50 billion this year as it looks to fund its huge bet on cloud computing to power artificial intelligence. About half of that will be in debt, which will ...
Indiatimes

Oracle makes a public clarification on the deal that analysts say will be behind company laying off up to 30,000 employees: We remain highly...

Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure. Despite a stalled Nvidia deal, Oracle remains confident in OpenAI's funding ...
CNBC

Oracle rises after company announces $50 billion fundraising plans. Here's what's happening

Oracle stock rose 2% in Monday morning trading after the company announced on Sunday plans to raise $45 billion to $50 billion in the 2026 calendar year. The data center giant said on Sunday it ...
Reuters

Oracle says it plans to raise up to $50 billion in debt and equity this year

Feb 1 (Reuters) - Oracle (ORCL.N), opens new tab expects to raise $45 billion to $50 billion in 2026 to build additional ‌capacity for its cloud infrastructure, the software company said on Sunday.
The Motley Fool

Why Oracle Stock Slumped on Thursday

Oracle stock has fallen more than 50% from its peak as investors have become concerned about the future of AI. Microsoft reported quarterly earnings that edged out expectations, but that simply wasn't ...
Reuters

Oracle shares gain as $50 billion raise eases data-center funding fears

Feb 2 (Reuters) - Oracle (ORCL.N), opens new tab shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to ...
Network World

Oracle may slash up to 30,000 jobs to fund AI data-center expansion as US banks retreat

Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...
ZDNet

The best backup software to protect your files and data

ZDNET experts put every product through rigorous testing and research to curate the best options for you. If you buy through our links, we may earn a commission. Learn Our Process 'ZDNET Recommends': ...
Yahoo Finance

Oracle Plans to Raise Up to $50 Billion for AI Infrastructure Buildout

Oracle’s fundraising plans could pressure margins and weigh on earnings, analysts said. - Dado Ruvic/Reuters Oracle said it plans to raise between $45 billion and $50 billion this year to fund its ...
Mint

Oracle to raise funds up to $50 billion for cloud infrastructure amid layoff reports — Here's what you need to know

US-based technology giant, Oracle Corp., is looking to raise between $45 billion and $50 billion in the year 2026, in an effort to build additional capacity for its cloud infrastructure investment ...