Oracle laid off 30,000 works by email at 6 AM. The same quarter, it posted record revenue and a $553 billion backlog.
Oracle is making a bold push to lock in massive AI demand.
Mon, February 2, 2026 at 1:24 PM UTC However, the scale of the capital raise introduces major risks: execution must align perfectly across financing, construction timelines, supply chain delivery, and ...
Oracle (ORCL) was supposed to be the next trillion-dollar company after all the successes last year, but it is retreating back to square one. The company recently initiated massive job cuts to finance ...
Between spring and summer of last year, Oracle (ORCL) stock nearly tripled as maverick founder and CEO Larry Ellison laid everything on the line to join the AI race. The stock surged from under $130 ...
Oracle has emerged as the epicenter of Wall Street’s uneasiness around Big Tech’s massive spending on artificial intelligence infrastructure. But the firm this week revealed strong earnings numbers, ...
Oracle’s remaining performance obligations surged to $523B. This represents roughly 8.5 times annual revenue. Oracle’s trailing free cash flow turned negative at $13B as capital expenditures soared ...