Oracle jumps for a second day, Bloom Energy soars 22% on AI data center power deal

Oracle stocks bounced as software shares continued to recover and the company expanded a capacity deal with Bloom Energy.

Oracle Agrees to Buy Power From Bloom for AI Data Centers

Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers ...

Oracle expands Bloom Energy deal days after receiving $400 million stock warrant

Last week Oracle received a warrant to buy nearly $400 million in Bloom Energy's stock, which jumped on Monday after the ...

Oracle accused of targeting employees with stock options in recent layoffs

Outrage continues to build around Oracle’s mass layoffs as some laid-off workers slam the software giant for how it allegedly ...

Oracle gave its new CFO $26M in stock after firing up to 30,000 workers. Employee says an 'algorithm' may have targeted those with stock options first

Days after Oracle fired up to 30,000 employees via a 6 a.m. email — as Moneywise previously reported — the company announced ...
The Next Web

Oracle appoints Hilary Maxson as CFO to manage its $50 billion AI data centre push

Hilary Maxson, formerly group CFO at Schneider Electric, joins Oracle as it cuts 30,000 jobs and commits $50 billion to AI ...

Meta, Oracle and Qualcomm share details on layoffs across California

Recent filings to the California Employment Development Department provide more details about job cuts at major tech ...
24/7 Wall St

Jim Cramer: Oracle Is the King of Data Centers and Fastest Growing

Oracle (ORCL) down 22% YTD to $151.56 despite $523B in Remaining Performance Obligations up 438% and multicloud database up 817%. Nvidia (NVDA) data center revenue $62.31B up 75%, Broadcom (AVGO) AI ...
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 ...