Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...
01 Jun, 2026, 10.07 PM IST
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...
28 Apr, 2026, 08.02 PM IST
Oracle, CoreWeave shares drop after report flags OpenAI growth worriesOpenAI's recent performance has caused a stir. The company reportedly missed targets for new users and revenue. This has led to worries abo...
28 Apr, 2026, 06.17 PM IST
Oracle Layoffs: Oracle plans to slash headcount by 20,000-30,000 to pay for AI data centres: ReportOracle Layoffs: These job cuts are likely to help ease the mounting financing pressures linked to Oracle’s multiyear cloud infrastructure c...
02 Feb, 2026, 06.06 PM IST
Oracle stock plunges over 7% as OpenAI data-center timeline slips to 2028 — Why Oracle’s debt-funded AI expansion is raising red flags again and againOracle stock plunges over 7% as OpenAI data-center delay to 2028 sparks fresh worries. Oracle’s $300B AI build-out faces new pressure after...
12 Dec, 2025, 10.50 PM IST
Oracle's OpenAI reliance faces scrutiny as debt-fueled AI buildout raises worriesAnalysts have said a big portion of Oracle's capital expenditure is tied to OpenAI-related datacenters. That has sparked investor worries a...
10 Dec, 2025, 12.10 AM IST
OpenAI partners shoulder nearly $100 billion debt to fund its AI ambitionsOpenAI’s growth is being funded mostly through huge borrowing by partners like Oracle, SoftBank and CoreWeave, which now hold nearly $100 b...
30 Nov, 2025, 09.07 PM IST
Oracle expects cloud sales of $166 billion by 2030 as business expandsFor the most recent quarter, Oracle reported cloud revenue jumped 28% to $7.2 billion. CEO Clay Magouyrk said new bookings were coming in f...
17 Oct, 2025, 07.59 AM IST
Oracle eyes $20 billion AI cloud computing deal with Meta, source saysOracle is reportedly in discussions with Meta for a substantial multi-year cloud computing agreement valued at approximately $20 billion. T...
20 Sep, 2025, 09.41 AM IST
Moody’s urgent outlook on Oracle’s future growth path - here's what it meansOracle growth outlook 2025: Oracle's AI ambitions are soaring, highlighted by a massive $300 billion deal with OpenAI, driving its stock up...
19 Sep, 2025, 06.47 PM IST
Moody's flags risk in Oracle's $300 billion of recently signed AI contractsMoody's Ratings has identified potential risks in Oracle's $300 billion AI contracts, particularly concerning reliance on a few AI companie...
18 Sep, 2025, 08.21 AM IST
OpenAI’s $300 billion Oracle deal sparks AI bubble fears, experts sound alarm - key reasonsAI bubble fears: Oracle's stock soared after announcing a massive $300 billion deal with OpenAI, projecting a $455 billion in contracts. Ho...
17 Sep, 2025, 06.35 PM IST
ET Explainer: How Oracle became the new Nvidia amid AI cloud surgeOracle's stock experienced a significant 36% surge following the announcement of multi-billion-dollar AI cloud deals, including a substanti...
12 Sep, 2025, 06.00 AM IST
Oracle having its Nvidia moment - but can it last, or is this 1999 all over again?Oracle (ORCL) extended Wednesday’s record-breaking rally, adding another 1.5% premarket after a 40% surge that lifted its market value by m...
11 Sep, 2025, 05.44 PM IST
OpenAI signs $300 billion data center pact with tech giant OracleOpenAI previously said it had reached a deal with Oracle to build massive AI data centers in the United States as part of what it calls Pro...
11 Sep, 2025, 07.14 AM IST
Oracle stock stuns Wall Street: ORCL jumps 31% premarket on $500B AI cloud surge — from cloud laggard to Wall Street’s new AI darling, time to bet?Oracle’s meteoric rise stunned Wall Street as ORCL jumped 31% premarket, fueled by a $500B AI cloud revenue surge. From cloud laggard to AI...
10 Sep, 2025, 05.06 PM IST
Microsoft relaxes data center grip on OpenAI amid $500 billion joint ventureSince 2019, Microsoft has had arrangements with OpenAI that gave the Redmond, Washington-based company the exclusive right to build new com...
22 Jan, 2025, 07.45 AM IST