Oracle (ORCL) stock slid Thursday on a report that the tech giant is taking steps to shield itself against delays for a key data center project in New Mexico. Bloomberg reported early Thursday that ...
Oracle has sent a force majeure notice to the developer of Project Jupiter, a Stargate data center campus in New Mexico, Bloomberg first reported Thursday. Force majeure clauses, common in energy and ...
Shares of Oracle dropped more than 3% on Thursday after a report flagged challenges related to a data-center project in New Mexico. A story from Bloomberg News on Thursday morning said that Oracle ...
(NEXSTAR) – Payments are set to be issued starting Monday in the $115 million class action lawsuit against tech company Oracle that “millions” could have qualified for. After legal and administrative ...
Sept 18 (Reuters) - About $18 billion in loans ⁠tied ⁠to an Oracle-leased data ⁠center in New Mexico has come under pressure, with loans quoted at 89 to 91 cents on the dollar by ‌syndicate banks ...
Oracle is laying off 359 employees in Washington state — its second significant job cuts this year — according to a filing Wednesday with the state Employment Security Department. The cuts affect ...
Oracle employees woke up Monday to a brutal email informing them it would be their last day at the tech giant in its latest round of layoffs. The tech giant sent out termination emails at 6 a.m., ...
(KRON) — Tech giant Oracle has reportedly kicked off another round of layoffs, driven by artificial intelligence. That’s according to a widely cited story in Business Insider, which reports that the ...
REDWOOD SHORES, CALIFORNIA - MARCH 10: The Oracle logo is displayed on a building at an Oracle campus on March 10, 2025 in Redwood Shores, California. Oracle will report third quarter earnings today ...
Analysts said Oracle helped dispel a string of investor concerns with its latest earnings report — but the stock’s postearnings momentum didn’t last long. Shares of Oracle ORCL rose as much as 8.5% ...
Oracle is holding the line on its data center spending forecast. On Thursday, Oracle reported $28.5 billion in first-quarter capital expenditures, up from $8.5 billion a year earlier. It kept its ...
Oracle's results surpassed consensus on the top and bottom lines. Revenue growth came in at about 30% for the fiscal first quarter and could accelerate this period. In this article Oracle shares moved ...