These Experts Say Oracle's Latest Results Are a 'Huge Relief' for the Tech Sector

Oracle shares led the tech sector higher Wednesday as investors cheered the cloud giant's better-than-expected earnings and stronger outlook.

Oracle delivers 'even better than it looks' quarter, DA Davidson analyst, Gil Luria says

Oracle (ORCL) earnings show 20% revenue growth with stable margins, strong cloud/AI backlog and upside valuation potential.
Indiatimes

After denying delay in data centre project with OpenAI for months, Oracle goes ahead and scraps it as two companies cannot get … right

Oracle and OpenAI have scrapped plans to expand their flagship Stargate data centre in Abilene, Texas, after months of failed negotiations over financing and shifting demand. The collapse comes ...
tech

Oracle Weighs Major Job Cuts as Massive AI Data Center Spending Pressures Finances

Oracle Corporation is reportedly preparing to reduce its workforce by thousands of employees as the technology giant faces growing financial strain from its aggressive investments in artificial ...
WFAA8

Developer seeks to rezone 80 more acres for Fort Worth data center, drawing pushback from historic gardens

FORT WORTH, Texas — Fort Worth's Weston Gardens has long drawn visitors seeking a quiet retreat among native plants and carefully tended grounds. Its demonstration gardens date back to the 1930s. Sue ...