Investors allege Oracle misled them about AI infrastructure returns while top executives unloaded shares at inflated prices.
Tenants are moving off Cowan Street on the East Bank as Oracle Corp. seeks to lay the groundwork for its promised $4.5 ...
Oracle cofounder Larry Ellison's net worth has slumped below $200 billion after his company's stock was caught up in the software sell-off.
Oracle Corporation plans to raise $45B–$50B of gross cash proceeds through a balanced mix of debt and equity. Read more on ...
Three major factors were at play: a bondholder lawsuit, a wave of analyst downgrades and price cuts, and a macro environment ...
Oracle is reportedly planning to cut up to 30,000 jobs and sell parts of its business as part of a major restructuring drive.
Oracle is reportedly planning up to 30,000 job cuts due to US banks refusing to finance its AI data centre buildout.
Oracle is considering workforce cuts and selling Cerner to alleviate financial pressure, warns investment bank TD Cowen.
Shares of Oracle ( ORCL 2.08%) dropped Thursday morning, falling as much as 6.5%. As of 1:48 a.m. ET, the stock was still ...
Oracle’s earnings report last week didn’t do much to soothe concerns about how the company will fund its artificial-intelligence investments. In fact, investor sentiment has taken a turn for the worse ...
Larry Ellison’s Oracle is stumbling into the end of the year with its shares taking a beating. The tech firm’s stock has plummeted 30% so far this quarter, CNBC noted Friday. Only four trading days ...
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.