Oracle Resets AI Data Center Push As Layoffs Test Growth Story

Oracle plans to cut thousands of jobs across multiple divisions as it works to manage costs tied to its AI data center ...
24/7 Wall St. on MSN

Is Oracle’s massive $500 billion Stargate project in trouble?

Quick Read Oracle (ORCL) sits 56% below its 52-week high; Jefferies cut price target to $320 from $400 after shelving ...
Albuquerque Journal

Oracle doubles Project Jupiter job projections, saying operations will ‘require a much larger team’

Oracle now expects 4,000 construction jobs and 1,500 permanent roles at its AI data center in Santa Teresa, amid local debate ...

Oracle Considers Major Job Cuts and Asset Sales Amid Mounting Costs of AI Data Center Expansion

Oracle is reportedly evaluating sweeping cost-cutting measures that could include tens of thousands of layoffs and the potential sale of key assets as the company grapples with the enormous financial ...
Investing.com India

Oracle stock falls amid Stargate project concerns

The Nasdaq 100 declined 1% during the session, contributing to pressure on tech stocks. Oracle is one of three partners in Stargate, a $500 billion-plus joint venture with OpenAI and SoftBank ...
Benzinga.com

Oracle's AI Moonshot: Why Project Stargate Could Propel ORCL Stock Higher

Oracle has been aggressively expanding its AI and cloud offerings, positioning itself as a critical infrastructure provider for generative AI workloads. Project Stargate validates that strategy, ...
SDxCentral

Oracle Curates CNCF Projects

Oracle tightened its embrace of the Cloud Native Computing Foundation (CNCF), announcing a curated set of open source software plucked from CNCF’s menu of projects. The CNCF projects are part of ...
Nasdaq

Atlas Salt Selects Oracle for Project Management Optimization

ST JOHN'S, NL / ACCESSWIRE / January 14, 2025 / Atlas Salt Inc. ("Atlas Salt" or the "Company") (TSXV:SALT)(OTCQB:REMRF) is working with Oracle Corporation and deploying Oracle's suite of ...