An Oppenheimer analyst has turned bullish on Oracle’s stock after a selloff that has wiped away more than half the company’s value since its September peak.
Shares of Oracle (ORCL) rose about 4% on Wednesday after Oppenheimer upgraded the stock to Outperform from Perform.
Oppenheimer believes that a sharp recent pullback in Oracle has created an attractive risk-reward balance for investors. The financial institution upgraded the tech old guard to an outperform rating ...
Shares of Oracle Corp. have recently been battered by worry about the company's debt levels, among other things. But they are now trading around levels that better reflect this uncertainty and some ...
Oracle Corp. has begun laying the groundwork needed to start construction on its new headquarters in Nashville.
Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...
Oracle Layoffs: Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said. According to a report by CIO citing research published this week by investment ...
Tech major Oracle is reportedly planning to cut as many as 20,000 to 30,000 jobs globally, as the company looks to redirect resources towards building Artificial Intelligence data centres, a report by ...
Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure. Despite a stalled Nvidia deal, Oracle remains confident in OpenAI's funding ...
Oracle, a US-based multinational, is mulling over laying off around 20,000 to 30,000 employees, which is approximately 10% of its workforce, CIO reported, citing investment bank TD Cowen. The plans of ...
The likelihood that Nvidia NVDA0.91%increase; green up pointing triangle will be investing far less than $100 billion in OpenAI raises big questions for Oracle ORCL-4.57%decrease; red down pointing ...
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