Shares of Oracle and Bloom Energy popped after the companies reached a deal for more AI data center capacity. The software giant gained for a second day, as other names in the sector also briefly ...

BAKERSFIELD, Calif. (KERO) — Thousands of layoffs at a company named Oracle are raising questions about the future of work as the tech giant cuts jobs while investing billions into artificial ...

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What just happened? Oracle is trimming tens of thousands of jobs across its global operations as part of a broader realignment toward AI infrastructure. Employees in the US and India reported ...

A heavy slide in financial stocks pushed the Dow lower on Friday, cementing a second consecutive weekly decline for the blue-chip index. The Dow Jones Industrial Average fell 0.6%, or 274 points, on ...

Larry Ellison is putting his over $250 billion fortune on the line to bankroll his son’s Hollywood power play. The 81-year-old Oracle founder has agreed to personally guarantee up to $40.4 billion to ...

Paramount Skydance has amended its offer to purchase Warner Bros. Discovery, backed by a personal guarantee from the Ellison family trust. The new offer includes a $40.4 billion guarantee from Oracle ...

Oracle's $300 billion AI infrastructure deal with OpenAI has raised concerns about the company's debt. Oracle will need to borrow heavily to build AI data centers, and OpenAI's ability to pay is an ...

It was pure euphoria in September when Oracle (NYSE: ORCL) reported a more than quadrupling of its backlog to an incredible $455 billion. A reported $300 billion cloud computing deal with OpenAI drove ...

Banks are preparing to launch a $38 billion debt offering as soon as Monday that will help fund data centers tied to Oracle Corp. in what would be the largest such deal for artificial intelligence ...