Oracle Corporation (ORCL)

Latest news, insights and market data

Market Data

$152.96
$1.83 (-1.18%)
Previous Close: $154.79
52-Week Range
24% from low
$135.25$207.80

AI Insights

Oracle is planning to cut thousands of jobs to manage financial pressure from its aggressive AI data center expansion. This move highlights the company's struggle to balance growth ambitions with rising costs, raising concerns about its long-term strategy in the competitive cloud market. The outcome of these layoffs could significantly impact Oracle's operational efficiency and investor confidence.

Updated about 16 hours ago

Latest News

Oracle Resets AI Data Center Push As Layoffs Test Growth Story

Oracle Resets AI Data Center Push As Layoffs Test Growth Story

about 2 hours ago

Oracle and OpenAI End Plans to Expand Flagship Data Center

Oracle and OpenAI End Plans to Expand Flagship Data Center

about 2 hours ago

OpenAI and Oracle Curtail Data Center Expansion in Abilene, Texas

OpenAI and Oracle Curtail Data Center Expansion in Abilene, Texas

about 4 hours ago

Inflation Data, Oracle Earnings: What to Watch Next Week

Inflation Data, Oracle Earnings: What to Watch Next Week

about 4 hours ago

Inflation Data, Oracle Earnings: What to Watch Next Week

Next week brings a slate of potentially market-moving events, with inflation data front and center. Wednesday's consumer-price index and Friday's personal-consumption expenditures index will offer the Federal Reserve two new reads on price pressures.

about 4 hours ago

Oracle, OpenAI Reportedly Scrap Plan To Expand AI Data Center

Oracle, OpenAI Reportedly Scrap Plan To Expand AI Data Center

about 5 hours ago

Oracle, OpenAI Reportedly Scrap Plan To Expand AI Data Center

Oracle stock reversed lower following a report Oracle and OpenAI are no longer in talks to expand a major AI data center.

about 5 hours ago