Pimco seeks buyers for portions of $14B Oracle data center financing

Pacific Investment Management Co. (Pimco) is seeking to offload portions of a massive $14 billion debt package linked to Oracle Corp.’s (ORCL) massive data center development in Michigan, according to ...

I was laid off from Oracle after almost 10 years. It felt cold, but it taught me an important lesson about priorities.

A laid-off senior principal technical account manager at Oracle shared her layoff experience and the lessons that are helping ...
Psychology Today

The Hidden Psychology of Oracle's Layoffs

Why layoffs like Oracle's hit harder than they should. It’s not the scale or timing of it, but the collapse of the “work as ...

Oracle layoffs include workers in Pierce and Thurston counties

Layoff documentation provided to the state of Washington by tech giant Oracle shows its cuts affecting a widespread area, ...

Tech company Oracle announces nearly 500 layoffs in Seattle

SEATTLE — Oracle is laying off almost 500 employees in Washington. Oracle is a global tech company that specializes in ...
The Motley Fool

Oracle Agrees That AI Is Challenging the SaaS Model. Here's Why Oracle Thinks It's the Disruptor, Not the Disrupted.

Oracle is increasingly well positioned to benefit from AI through its infrastructure software segment and by embedding AI into its applications. Oracle’s leverage adds risk to the investment thesis.
The Motley Fool

Oracle Has Fallen 18% in 2026. Wall Street's Top Pick Just Set a $210 Price Target.

Oracle just delivered a record quarter, with earnings per share and total revenue both up by more than 20% year over year. Management said this was the first time in over 15 years that Oracle ...
Seeking Alpha

Oracle surges after 'strong' Q3 and outlook, gets upgrade at J.P. Morgan

Shares of Oracle (ORCL) jumped about 10% premarket on Wednesday after fiscal third-quarter results and outlook beat estimates and drew positive reactions from analysts. J.P. Morgan upgraded Oracle's ...
Reuters

Oracle sees AI boom through at least 2027, sending shares up 8%

Oracle's AI data center strategy boosts revenue forecast to $90 billion by 2027 RPO grows 325% YoY to $553 billion in Q3, surpassing estimates Oracle's cloud margins expected to improve with database ...
Abilene Reporter-News

Oracle disputes reports on Abilene AI data center expansion

Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...
Fox Business

Oracle expected to slash thousands of jobs as massive AI spending creates financial cash crisis

Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...
TechRepublic

Oracle Reportedly Planning Thousands of Job Cuts Amid Massive AI Spending

Oracle Reportedly Planning Thousands of Job Cuts Amid Massive AI Spending Your email has been sent Oracle is reportedly preparing to cut thousands of jobs as the tech giant pours billions of dollars ...