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ORACLE CLOUD COMPETITION
US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investorsOracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating ...- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- AI spending boom soars but no returns for big tech giants, warns Jefferies’ Chris WoodRising AI investments by global tech giants are straining cash flows, with capex nearing record levels relative to operating cash flow. Des...
- US Stock Market: OpenAI growth concerns spark broad selloff in AI-linked stocksA broad selloff swept across artificial intelligence–linked stocks after a report indicated that OpenAI failed to meet key sales and user g...
- US stocks today: Oracle, CoreWeave lead AI selloff on OpenAI growth concernsShares of AI companies fell on Tuesday. OpenAI reportedly missed user and revenue goals. This has sparked worries about its ability to fund...
- Amid Oracle layoffs, corporate recruiter's message: 'Good work would not protect you. The real job security is...'Thousands of jobs are impacted by recent tech layoffs. Companies are investing heavily in AI, leading to workforce adjustments. Experts sta...
- US Stock Market | Oracle shares jump 6% amid layoff buzz; AI pivot drives investor optimismOracle's stock surged despite widespread layoffs, as the company reallocates resources towards AI and cloud infrastructure. Investors are f...
- What is driving Oracle stock (ORCL) higher today despite layoffs? Oracle stock making big moves today as AI strategy and cloud growth boost ORCL sharesOracle stock (ORCL) rising today: Oracle stock (ORCL) jumped over 2.4% today, even as layoffs hit key teams. Investors are not reacting to ...
- Oracle stock crashes 25% in a month — what’s behind the tech giant’s sudden meltdown?Oracle stock crashes 25% in a month, wiping out billions in market value as investors panic over rising AI costs, shrinking margins, and sl...
- Oracle misses quarterly results estimates on stiff cloud competitionWall Street expectations for AI-linked firms have been high as they bet on the technology to be a strong growth driver in the future. The c...
- Oracle gains as cloud infrastructure business gets AI boostIf the gains hold, the company will add about $30 billion to its market valuation of $340 billion as of Tuesday market close. The shares ha...
- Oracle gains as cloud infrastructure business gets AI boostOracle shares surged 9% on Wednesday due to high demand for its cost-effective cloud services for AI applications, potentially adding $28 b...
- Oracle tumbles as strong cloud competition, Cerner weakness dent forecastThe stock has risen 55% this year on optimism the rise of generative AI would drive up cloud demand. Lower-than-expected revenue for the fi...
- Oracle tumbles over 10% as strong cloud competition, Cerner weakness dent forecastThe company was on track to lose more than $30 billion in market value. The stock has risen around 50% this year on optimism the rise of ge...
- Uber signs seven-year cloud partnership deal with OracleBy migrating some of the company’s most critical workloads to Oracle Cloud Infrastructure, Uber will be in a position to modernise its infr...
- Oracle Cloud Applications wants to be India market leader in SaaS by 2020According to regulatory filings sourced by business intelligence platform, Tofler, Oracle's Indian unit reported revenue of Rs 10,993.10 cr...
- Oracle's Ellison takes shot at Amazon with new Cloud services"Amazon's lead is over," Ellison said during the presentation. "Amazon's going to have serious competition."
- Larry Ellison: SAP and Salesforce pay Oracle a lot of moneyOracle reported its fourth quarter earnings on Wednesday and, the company's founder, Larry Ellison threw a few barbs at his major competito...
- Larry Ellison firms up Oracle's cloud play in curtain raiser for Oracle Open World 2014Larry Ellison, who recently stepped down as the CEO made Oracle's cloud drive clear in his keynote at the Oracle Open World 2014.
- Larry Ellison firms up Oracle's cloud play in his curtain raiser for Oracle Open World 2014Ellison, during his keynote made several key announcements, most of them pertaining to Oracle's new cloud offerings.
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