Latest News, Updates & Breaking Headlines
Oracle is actively promoting its AI data center progress and job creation efforts amidst significant investor concerns. The company’s massive $300 billion OpenAI cloud contract, signed in September 2025, has led to a substantial stock decline and ballooning debt. Despite upbeat updates, market jitters persist over the startup’s financial stability and Oracle’s deep entanglement. Oracle…
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 capabilities. However, the company’s massive debt and market cap decline raise investor concerns about its ambitious AI spending plans. Oracle has publicly defended its partnership with…
Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already incurred significant debt for AI data centers, with its stock value plummeting. US banks are hesitant to finance Oracle’s projects, forcing the company to seek upfront customer payments and consider selling its Cerner unit. Oracle…
Oracle’s Larry Ellison believes the AI race is becoming a commodity due to shared internet data. He argues the future lies in leveraging private enterprise data, a move Oracle is heavily investing in with massive infrastructure plans. While competitors are also building enterprise AI, Oracle’s existing database dominance could be key to its success in…
Netflix co-CEO Greg Peters has rejected Paramount Skydance’s $108 billion hostile bud for Warner Bros. Discovery (WBD), calling it unrealistic without the financial backing of Oracle founder Larry Ellison. In an interview with Financial Times, Peters said Paramount’s proposal ‘doesn’t pass the sniff test’ and relies too heavily on debt and external support. He contrasted…
Oracle is reportedly facing problems in pursuing its employees to move to its newest office in Nashville. Despite reported promises of tens of thousands of dollars in relocation incentives as well as offering a futuristic design and an in-house Nobu restaurant, the staff is refusing to move to the ‘world HQ’ that company founder Larry…
Michael Burry is betting against Oracle. The investor, who is also known from the movie “The Big Short,” has revealed bearish positions against the company founded by Larry Ellison after its recent expansion into artificial intelligence (AI) infrastructure. In a latest Substack post, Burry revealed that he holds put options on Oracle shares and has…
Oracle’s Larry Ellison believes AI’s next frontier is private enterprise data, not just public internet. He argues current models are commoditized and true value lies in securely accessing and reasoning over sensitive company information. Oracle is investing heavily, leveraging its vast database presence to become the enterprise AI backbone, facing competition from cloud rivals. Oracle…
Warren Buffett stepped down as chief executive of Berkshire Hathaway today, bringing to an end one of the longest and most influential leadership runs in modern corporate history.The transition, announced earlier this year at Berkshire’s annual shareholders’ meeting, hands day-to-day control to vice-chairman Gregory Abel from January 1. Buffett, now 95, will remain chairman and…
Technology stocks, including Nvidia and Broadcom, also declined, impacting the S&P 500 and semiconductor index. Just three months into their tenure as co-CEOs, Oracle’s Clay Magouyrk and Mike Sicilia are facing a brutal market reckoning. Shares of the database giant have plummeted 30% this quarter, putting the stock on track for its worst performance since…
