Oracle plans to raise up to $50 billion in 2026 through a mix of equity and debt to fund a massive expansion of its cloud infrastructure aimed at supporting AI-driven demand. The capital will underpin ...
Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...
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.
At least two people were injured after Russian forces launched a drone and missile attack on Kharkiv, Ukraine’s second-largest city, Mayor Ihor Terekhov said. The attack on Kharkiv also damaged ...
In mid-January 2026, Oracle had massive unrealized potential on the table due to the recent acquisition of TikTok holdings. Once merely the landlord of this property, it's now also going to be able to ...
Oracle’s ORCL increasing cloud capital spending is positioning the company for its next growth phase by expanding capacity to meet rising AI and enterprise cloud demand. Management raised its fiscal ...
Oracle (ORCL 5.40%) stock jumped 3% through 10:40 a.m. ET Monday after publication of an internal memo to employees from TikTok CEO Shou Chew -- confirming the TikTok U.S. deal is done. Oracle, ...
Ukraine says deal paves way for ‘large-scale joint projects’ while separately Kyiv opens exports of its locally made weaponry. What we know on day 1,448 Ukraine and France have agreed to start joint ...
MG launched the new MG4 EV Urban in the UK, priced at just £23,495 ($32,000), undercutting BYD’s popular Dolphin hatch as more affordable electric cars hit the market. BYD, SAIC MG’s MG Motor, and ...
Feb 2 (Reuters) - Oracle (ORCL.N), opens new tab shares gained 2% on Monday after Wall Street analysts said the software company's $50 billion fundraising plan allays worries over its ability to ...
Oracle (ORCL) raised fiscal 2026 capex guidance to $50B from $35B. Oracle’s stock has nearly halved despite aggressive AI infrastructure buildout. Oracle’s total debt and lease obligations reached ...
Couple killed near Kyiv and apartment block hit while US says territorial issue of Donetsk ‘very difficult’ to resolve. What we know on day 1,436 Russia has hit cities across Ukraine with drones and a ...