WUSA-TV Washington, D.C. Posted: March 9, 2026 | Last updated: March 9, 2026 According to reports, Oracle to layoff thousands in order to fund AI expansion. House Republicans give GOP senators ...

Oracle Corp. is preparing to lay off thousands of workers across its business units to ease a cash shortage caused by its aggressive expansion of AI-powered data centres, a Bloomberg report said, ...

Oracle (ORCL) will report its third quarter earnings after the bell on Tuesday, amid reports that the company has axed plans to expand an AI data center with OpenAI (OPAI.PVT) and that it’s preparing ...

Oracle has emerged as a major player in the business of renting computing power thanks, in part, to its $300 billion deal with OpenAI. Enterprise software company Oracle is planning thousands of job ...

Oracle shares rose more than 7% in postmarket trading after the cloud-computing company posted higher quarterly revenue and raised its sales outlook for fiscal 2027. The company's results indicate ...

Enterprise software giant Oracle (ORCL) is set to report quarterly results on Tuesday, with Wall Street laser-focused on the performance of its cloud business and how much it is spending to build out ...

March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, ...

Oracle Corp (NYSE:ORCL, XETRA:ORC) is planning to cut thousands of jobs as it works to manage the financial strain from a major expansion of artificial intelligence data centers, according to a report ...

Oracle's shares fell more than 15% last year, with its December results showing about $10 billion in cash burn for the first half of the fiscal year Enterprise software company Oracle is planning ...

March 5 (Reuters) - Enterprise software company Oracle (ORCL.N), opens new tab is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg ...

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Oracle Corp. (ORCL), T-Mobile US, Inc ...