A.I. Is Running on Borrowed Money

Risk is rising as big tech companies like Oracle — the ultimate financial source of the Ellison media empire — need to turn ...
Yahoo Finance

Oracle Has the Biggest Backlog in the AI Industry. Here’s Why the Stock Is Still Down 49%.

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CNBC

Oracle stock has worst week since 2001 dot-com bust as AI financing concerns escalate

Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital expenditures surged 162% in the latest fiscal year, with almost $24 ...
CNBC

Oracle sheds 21,000 roles over the past year amid wave of AI layoffs from tech giants

Oracle reduced its workforce by 13% over the past 12 months and cited AI deployment in an annual filing on Monday. The company currently employs 141,000 full-time workers, down from 162,000 the ...
Austin American-Statesman

Austin-based Oracle has cut nearly 13% of workforce amid AI push

Oracle Corp. slashed 21,000 jobs in the past year to cut costs amid heavy debt-funded spending on artificial intelligence. The Austin-based cloud computing company’s global workforce was 141,000 ...
The Next Web

Oracle cut 21,000 jobs this year and its SEC filing explicitly blames AI

Oracle’s global workforce fell to 141,000 full-time employees as of 31 May 2026, down from 162,000 a year earlier, a net reduction of roughly 21,000 people. The company’s annual regulatory filing ...
Mint

Oracle layoffs: 500 more employees lose their jobs — What we know about the affected departments

Fresh layoffs have hit Oracle's Romania's operations, with approximately 500 employees asked to leave. The move, which began on June 25, is part of the company's long-running global restructuring ...
24/7 Wall St

Wall Street Has 36 Buy Ratings on Oracle. Here’s How We See 47% Upside

Oracle (ORCL) has lost half its value from a $303 peak, but 24/7 Wall St. rates it a BUY with 47% upside to $224. CFO Hilary Maxson bought 224,441 shares at $185 on May 5, followed by seven directors ...
Blockonomi

Bonzo Lend Loses $9.05M in Hedera Oracle Exploit Linked to Supra Flaw

Bonzo Lend confirmed a $9.05 million loss after Supra’s oracle verifier accepted a zeroed signature. A manipulated SAUCE ...
Yahoo Finance

Wall Street Has 36 Buy Ratings on Oracle. Here’s How We See 47% Upside

The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for ...
IBTimes UK

Is AI Coming For Your Job? Concerns Mount As Oracle Lays Off Another Batch of 21,000 Employees

Oracle Axes 21,000 Jobs As AI Push Triggers Fresh Fears Over Tech Layoffs Shkuru Afshar, CC BY-SA 4.0, via Wikimedia Commons Oracle has cut around 21,000 jobs globally over the past year, with the ...
Indiatimes

Fight against datacenter in Michigan has become so bitter that the Township treasurer resigned in tears and a photograph of Oracle datacenter inauguration ceremony were used to ...

How Oracle data center inauguration photo becomes focus of Ypsilanti Township meeting During a three-hour public meeting, a photograph from earlier this month showing the groundbreaking ceremony of ...