PIMCO bought $10B of Oracle's record $16.3B data centre bond deal after US banks pulled back. The Michigan campus is part of $72B in Stargate infrastructure debt with a 19.5-year maturity.
Tennessee gave Oracle $240M for Nashville HQ, but few jobs followed, raising fresh concerns about AI, layoffs, and visas.
Oracle Corp. and Amazon Web Services Inc. seem to be putting their longstanding rivalry aside in favor of a more pragmatic ...
Oracle stock jumps as Oracle and AWS expand multicloud networking, boosting OCI-AWS connectivity for faster apps, data moves, ...
Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...
Oracle began layoffs on Tuesday, affecting workers across various regions. Affected Oracle employees received layoff notifications that signaled immediate job termination. Laid-off Oracle staff were ...
Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...
Data center investor Related Digital is reportedly close to finalizing $16 billion in financing for an Oracle data center. According to reporting from Reuters, citing sources familiar with the matter, ...
Oracle is poised to grow at a significantly faster pace than Meta Platforms in the coming years. The market could reward Oracle with a premium valuation due to its significantly faster growth rate, ...