Oracle Corp (NYSE:ORCL, XETRA:ORC) is planning to cut thousands of jobs as it works to manage the financial strain from a major expansion of artificial intelligence data centers, according to a report
Investors have grown worried about how it would fund the data center expansion needed to serve OpenAI and other customers, including Elon Musk's xAI and Meta.
Oracle stock was slightly higher following a report that the tech giant plans to cut thousands of jobs.
Enterprise software company Oracle is planning thousands of ​job cuts as it faces ‌a cash crunch from a massive AI data center expansion effort, ​Bloomberg News reported on Thursday.
OpenAI recently closed the largest private funding round in history, raising $110 billion from Amazon (NASDAQ:AMZN | AMZN Price Prediction), NVIDIA (NVDA:NVDA), and SoftBank.
LOS ANGELES, March 05, 2026 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded
New class action for Oracle Corp (ORCL) urges investors to seek recovery for alleged securities fraud violations – lead plaintiff deadline of 4/6/2026.
Shareholders with losses of $50,000 or more are encouraged to contact the firm. BENSALEM, Pa.
4:15pm: Eyes on Iran Global stocks remained under pressure on Thursday afternoon as investor focus remains on the escalating conflict in the Middle East,...
Oracle Corp (NYSE:ORCL, XETRA:ORC) is planning to cut thousands of jobs as it works to manage the financial strain from a major expansion of artificial...

Dow Jones continues to fall as oil prices climb

08:55am, Thursday, 05'th Mar 2026
1:50pm: More job cuts at blue chips Morgan Stanley (NYSE:MS) is set to eliminate 2,500 positions globally as part of a strategic reshaping of its US and...
NEW YORK, March 05, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds Oracle Corporation (“Oracle” or the “Company”) (NYSE: ORCL) invest
Analysts at Noble Capital Markets have welcomed recent developments at First Phosphate Corp. (CSE:PHOS, OTCQX:FRSPF, FRA:KD0, OTC:FPHOY), which they believe...
AI-enabled predictive intelligence solution helps organizations avoid safety incidents, reduce costs, and foster a proactive safety culture AUSTIN, Texas, March 5, 2026 /PRNewswire/ -- Oracle today an
Stock News Futures wobble as oil surges: U.S. stock futures edged lower while oil extended gains amid the Iran conflict, even as megacap tech like Nvidia (NVDA)
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