Barchart on MSN

Why are ORCL stock investors so excited about Oracle layoffs?

Oracle (ORCL) has begun a new round of global layoffs—a move that might normally spark concern rather than enthusiasm. Job ...
Rolling Out

Oracle slashes 30,000 jobs with a cold 6 a.m. email

It was not a phone call. It was not a meeting. For thousands of Oracle employees across the globe, Tuesday morning began with a single email landing in their inboxes just after 6 a.m. EST — and by the ...
Investing

Veritone partners with Oracle to migrate AI solutions to cloud

IRVINE, Calif. - Veritone Inc. (NASDAQ:VERI) signed a multi-year agreement with Oracle to migrate its AI solutions to Oracle Cloud Infrastructure, the company said in a press release statement.Oracle, ...
Investing

Oracle releases Java 26 with AI and cryptography enhancements

The information is based on a company press release statement. Oracle announced the features at the JavaOne 2026 conference in Redwood Shores, California, running through Thursday. In other recent ...
International Business Times

Oracle Earnings Beat Expectations as Small Layoff Begins Because of AI

Oracle reported stronger-than-expected third-quarter revenue on Tuesday, signaling continued demand for its enterprise software and cloud services. At the same time, the tech giant outlined ambitious ...
Indiatimes

After denying delay in data centre project with OpenAI for months, Oracle goes ahead and scraps it as two companies cannot get … right

Oracle and OpenAI have scrapped plans to expand their flagship Stargate data centre in Abilene, Texas, after months of failed negotiations over financing and shifting demand. The collapse comes ...
The Financial Times

Oracle and OpenAI scrap deal to expand flagship Texas data centre

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle and OpenAI have abandoned plans to expand their flagship data centre site in Texas, walking away from a ...
Shacknews

Oracle (ORCL) states alleged trouble with $100 billion NVIDIA (NVDA) & OpenAI deal won't affect it

The artificial intelligence corner of the tech industry is feeling anxious this week due to ongoing rumors that a possible deal worth $100 billion between NVIDIA and OpenAI may be in trouble. There’s ...
Morningstar

Oracle amps up its AI bet with a plan to raise as much as $50 billion this year

After issuing an $18 billion bond offering last fall, Oracle intends to tap the debt and equity markets anew in 2026 Oracle's stock is down 50% from its September high. To finance its ...
U.S. News & World Report

Oracle Says It Plans to Raise up to $50 Billion in Debt and Equity This Year

Feb 1 (Reuters) - Oracle 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 company, chaired by ...
Wired

TikTok Data Center Outage Triggers Trust Crisis for New US Owners

The technical failure coincided with TikTok’s ownership transition, leading users to question whether videos criticizing ICE raids in Minnesota were being intentionally censored. TikTok is currently ...