The Business Journals

Oracle plans to slash thousands of jobs as it races to build AI data centers

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The Business Journals

Oracle plans to slash thousands of jobs as it races to build AI data centers

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Oracle is building high-powered ...
Morningstar

Oracle: Strong Generative AI Demand Supports Data Center Buildout

Oracle ORCL shares rose more than 10% on Feb. 9, posting its biggest daily gain since last September, after a sell-side competitor issued a more favorable rating. Despite the rally, Oracle stock was ...
MarketWatch

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

To finance its artificial-intelligence ambitions, Oracle is looking to raise more money at a time when Wall Street has gotten more worried about the level of financing underpinning the AI boom. The ...
Business Insider

AxonDAO Selects Oracle Cloud Infrastructure to Build and Scale Secure GPU Infrastructure for AI and Life Sciences Workloads

AxonDAO Selects Oracle Cloud Infrastructure to Build and Scale Secure GPU Infrastructure for AI and Life Sciences Workloads SHERIDAN, WY, Feb. 09, 2026 (GLOBE NEWSWIRE) -- – Feb. 9, 2025 – AxonDAO LLC ...
Barron's

Oracle to Raise Up to $50 Billion. What It Means for the Stock.

Oracle plans to raise between $45 billion and $50 billion this year as it looks to fund its huge bet on cloud computing to power artificial intelligence. About half of that will be in debt, which will ...
Wall Street Journal

What Oracle Has to Lose From OpenAI and Nvidia’s Rocky Relationship

The likelihood that Nvidia NVDA-0.40%decrease; red down pointing triangle will be investing far less than $100 billion in OpenAI raises big questions for Oracle ORCL 1.93%increase; green up pointing ...
Seeking Alpha

Oracle plans massive $50B debt-and-equity raise; shares up

Oracle (ORCL) on Sunday said it expects to raise $45B to $50B in 2026 to build additional capacity for its cloud infrastructure business. Shares in the software company rebounded to gain 4% after ...
Fast Company

Oracle chases $50 billion for AI build-out as doubts mount on Wall Street

Oracle shares fell 2% on February 2 following the company’s announcement that it planned to raise upwards of $50 billion in 2026. That spike came after Oracle reported a 359% increase in its remaining ...
Reuters

Oracle says it plans to raise up to $50 billion in debt and equity this year

Feb 1 (Reuters) - Oracle (ORCL.N), opens new tab expects to raise $45 billion to $50 billion in 2026 to build additional ‌capacity for its cloud infrastructure, the software company said on Sunday.
Benzinga.com

Oracle Targets Up To $50 Billion To Expand Cloud Capacity

On Sunday, Oracle said it plans to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure. "Oracle is raising money in order to build additional capacity to ...
MarketWatch

INVESTIGATION NOTICE: Oracle Bondholders (ORCL) Who Suffered Losses Tied to the 2025 AI Buildout Deal--Contact Girard Sharp Law Firm

SAN FRANCISCO, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Girard Sharp LLP, a national investment and securities class action firm in, announces an investigation into potential securities claims on behalf of ...