Oracle Co-CEO Clay Magouyrk Explains What's Holding Back The Company's Data Center Windfall: 'The Major Factor Limiting Even Stronger Profits Is…'

On Tuesday, Oracle Corporation said its rapidly expanding AI data center business is already profitable, though heavy ...

Oracle prepares for layoffs, sets aside $2.1 billion for restructuring

Oracle is preparing more job cuts as it increases reliance on artificial intelligence and funds expensive AI data centres, the Financial Times reported. The company has raised restructuring funds to ...
Hoodline

Oracle’s Austin AI Spending Spree Triggers Investor Showdown Before April 6 Cutoff

April 6, 2026, move the court to be appointed lead plaintiff. The law firm behind the case is urging affected shareholders to ...

Oracle is building yesterday’s data centers with tomorrow’s debt

The OpenAI deal fallout exposes the fundamental danger of being the most leveraged player in a market where the chip cycle moves faster than the concrete dries.
The Information

Microsoft in Talks to Lease Large Texas Data Center Site After Oracle Walked Away

Microsoft is in advanced talks to lease hundreds of megawatts of data center capacity at a closely watched artificial ...

Oracle and OpenAI drop Texas data center expansion plan, Bloomberg News reports

March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas ...

Oracle disputes reports on Abilene AI data center expansion

Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports ...

Jim Cramer Says “Oracle Has Made Itself the King of the Data Center, It’s the Fastest-Growing In the Space”

Oracle Corporation (NYSE:ORCL) is one of the stocks on which Jim Cramer expressed his thoughts. Cramer highlighted the company’s data center business, as he stated: Now, today was an important day. It ...