Oracle (ORCL) reports Q3 earnings after the bell tonight. Shares of the company remain under pressure headed into earnings as Wall Street worries about debt load and the company’s deep ties to OpenAI.

Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...

Analysts expect Oracle to post third-quarter revenue of $16.9 billion, up from $14.13 billion in the same quarter last year, according to data from Benzinga Pro. Wall Street also anticipates earnings ...

Oracle (ORCL) will report its third quarter earnings after the bell on Tuesday, amid reports that the company has axed plans to expand an AI data center with OpenAI (OPAI.PVT) and that it’s preparing ...

Evercore analyst Kirk Materne said Oracle's announcement of using $25B in debt and $25B in equity to capitalize itself, along ...

Oracle has pushed back against recent media coverage of its Stargate AI data center project in Abilene, Texas, saying reports about problems at the site are “false and incorrect” while confirming the ...

(KRON) — Oracle is reportedly gearing up to cut thousands of jobs in order to fund AI data centers. According to a widely cited report in Bloomberg, the tech giant is facing a cash crunch as it looks ...

Oracle Corp. is expected to cut thousands of jobs, pivoting as it plans to focus expenditures on artificial intelligence efforts. Bloomberg reports the layoffs could begin this month and will affect ...

The past week has been a brutal one for many working in the tech and financial industries. Thousands of jobs have been lost—or will be lost soon—from companies including Block, Morgan Stanley, Capital ...

Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported Thursday. Long a smaller ...

Oracle (ORCL) has plans to reduce its workforce by thousands of employees due in part to its immense spending on expanding data center capacity for artificial intelligence, according to Bloomberg. The ...

March 5 (Reuters) - Enterprise software company Oracle is ⁠planning ⁠thousands of job cuts as ⁠it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported on ...