What just happened? Oracle is trimming tens of thousands of jobs across its global operations as part of a broader realignment toward AI infrastructure. Employees in the US and India reported ...

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 ...

A heavy slide in financial stocks pushed the Dow lower on Friday, cementing a second consecutive weekly decline for the blue-chip index. The Dow Jones Industrial Average fell 0.6%, or 274 points, on ...

Larry Ellison is putting his over $250 billion fortune on the line to bankroll his son’s Hollywood power play. The 81-year-old Oracle founder has agreed to personally guarantee up to $40.4 billion to ...

Paramount Skydance has amended its offer to purchase Warner Bros. Discovery, backed by a personal guarantee from the Ellison family trust. The new offer includes a $40.4 billion guarantee from Oracle ...

Oracle's $300 billion AI infrastructure deal with OpenAI has raised concerns about the company's debt. Oracle will need to borrow heavily to build AI data centers, and OpenAI's ability to pay is an ...

It was pure euphoria in September when Oracle (NYSE: ORCL) reported a more than quadrupling of its backlog to an incredible $455 billion. A reported $300 billion cloud computing deal with OpenAI drove ...

Banks are preparing to launch a $38 billion debt offering as soon as Monday that will help fund data centers tied to Oracle Corp. in what would be the largest such deal for artificial intelligence ...

BATON ROUGE, La. (WAFB) - In the weeks before Oracle was announced as a leading partner in the U.S. acquisition of TikTok, Congressman Cleo Fields bought shares of the company. According to mandated ...

OpenAI announced on Tuesday that it plans to build five new AI data centers across the United States with partners Oracle and SoftBank through its Stargate project. The new data centers will bring ...

CNBC's Mackenzie Sigalos joins Fast Money with breaking news on Oracle’s latest data center plans, as the company teams with OpenAI and SoftBank to announce five new Stargate sites across Texas, New ...