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Oracle

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markets29 days ago•1 min saved

OpenAI Growth Slump Sparks AI Infrastructure Selloff

OpenAI reportedly missed internal growth and revenue targets, prompting a market-wide dip in AI infrastructure names: Oracle fell about 7.5% in premarket trading on its $300 billion, five-year OpenAI compute deal, while chipmakers Nvidia, Broadcom and AMD declined ~2–5% and Qualcomm slid ~3.5%. SoftBank dropped around 10% in Asia, and CoreWeave fell about 7%. The Wall Street Journal’s report raised concerns about OpenAI’s ability to fund its expanding data-center footprint if revenue growth does not accelerate, fueling worries that demand for AI infrastructure may be harder to sustain than priced in.

via CNBC|

#ai-infrastructure #chipmakers #data-centers

business1 month ago•3 min saved

Oracle's 1-GW Saline Data Center Secures $16B Amid Local Pushback

Related Digital says it has secured about $16 billion to build a 1-gigawatt data center campus in Saline, Michigan to power Oracle’s AI business, part of a broader Stargate effort with OpenAI and SoftBank. The 250-acre site near Detroit will be among the largest U.S. data centers, backed by Blackstone and PIMCO, and Gov. Gretchen Whitmer called it Michigan’s largest investment. Residents worry about grid strain, water use, and pollution despite a stated closed-loop cooling system. The project underscores rural Midwest locations as the nexus of major AI infrastructure expansion and economic activity.

via Business Insider|

#ai #business #data-center

business1 month ago•10 min saved

Stargate Mirage: Oracle’s $340B AI-Compute Bet Faces Delays and Debt

The piece argues that Stargate, a touted collaboration between Oracle, SoftBank, and OpenAI to rapidly build a massive U.S. AI data-center fleet (about 7.1GW, ~$340B), is largely fictional or misrepresented: no fresh capital has materialized, projects are far behind schedule, and financing relies on complex project financing that keeps debt off Oracle’s balance sheet. OpenAI’s projected losses and heavy commitments to other cloud providers compound concerns that the venture may never pay for itself, potentially dragging Oracle into unsustainable debt and cash-flow strain despite aggressive marketing claims.

via Ed Zitron's Where's Your Ed At|

#ai-compute #business #data-centers

technology1 month ago•5 min saved

Investors push for higher yields on Oracle-backed data centre debt amid AI spending boom

Investors are demanding yields above Oracle’s 2040 bonds to back a $14bn Oracle-backed data-centre project in Saline Township, Michigan, as part of a $300bn OpenAI compute deal. Although some buyers want extra protections due to Oracle’s hefty AI spending and construction risk, the order book remains robust with Bank of America leading the sale in the 144A market; Pimco is expected to anchor, and Blackstone may contribute equity, signaling a potential rise in project-level debt financing without tech equity stakes.

via Financial Times|

#ai #corporate-bonds #data-centre

market-news1 month ago•15 min saved

Bloom Energy Soars to Fresh Peak on Oracle Deal, Analysts Eye More Gains

Bloom Energy jumped nearly 23% to a record intraday high around $218.69 after Oracle expanded its multi‑gigawatt deal to power Oracle’s AI and cloud infrastructure, with an initial 1.2 GW and optional 2.8 GW. Oracle rose about 5% as Bloom’s on‑site power solutions gain traction for AI data centers. Analysts from RBC Capital and Evercore ISI turned more bullish on Bloom, signaling strong demand and potential upside beyond its current capacity, while TipRanks’ tool still shows Oracle with higher upside versus Bloom.

via TipRanks|

#ai #bloom-energy #data-centers

markets1 month ago•14 min saved

Oracle climbs 11% on AI push, new products and bullish bets

Oracle (ORCL) stock jumped about 11% as investors returned to the name on renewed AI optimism, driven by its AI strategy, cloud expansion, and new products like Fusion Agentic Applications and an upgraded AI Database, plus real progress from its AI-powered Utilities Suite. The rally follows bullish analyst commentary and high-profile AI infrastructure deals, with a Strong Buy consensus and an average price target around $245, implying roughly 59% upside.

via TipRanks|

#ai #cloud #markets

markets1 month ago•21 min saved

Bloom Energy Climbs as Oracle Expands AI-Cloud Infrastructure Pact

Bloom Energy shares moved higher in after-hours trading after the company announced an expanded strategic partnership with Oracle to support its AI and cloud infrastructure, with Oracle planning to procure up to 2.8 gigawatts of Bloom’s fuel-cell systems under a master services agreement (an initial 1.2 GW already contracted); deployment is underway and expected to continue into next year, with Bloom’s Aman Joshi calling the expanded relationship a step toward a shared vision for energy and AI infrastructure. BE was up about 9.7% after hours to around $193.93.

via Benzinga|

#after-hours #bloom-energy #fuel-cell

business1 month ago•22 min saved

Oracle Surges 11% on AI Utilities Push Amid Oversold Rebound

Oracle (ORCL) stock jumped about 11% on heavy volume after the company rolled out AI tools for the utilities sector and technicals flagged an oversold setup, with bulls pointing to Q3 FY2026 organic revenue and EPS growth of 20%+ and FY2027 revenue guidance of $90B; CFO Hilary Maxson received a $26M stock package signaling discipline, though bears warn about high debt, data-center buildout costs, and monetization risks from its OpenAI partnership.

via 24/7 Wall St.|

#ai #business #earnings

market-news1 month ago•14 min saved

Oracle Stock Poised for 65% Upside Amid Insider Ownership

Analysts see about 65% upside for Oracle (ORCL) despite a recent pullback, underpinned by strong AI demand and a massive backlog. Insiders own roughly 40.4% of the company, led by Larry Ellison (about 40.3%), with Vanguard and other institutions also holding significant stakes. The stock carries a Strong Buy consensus with an average target near $245, implying roughly 69–70% upside.

via TipRanks|

#analyst-ratings #insider-ownership #larry-ellison

market-news1 month ago•16 min saved

Oracle Dips 29% YTD as AI Push Faces Cost Hurdles

Oracle stock has fallen about 29% year-to-date even as it deepens its AI push, boasting a $553 billion AI backlog. Rising infrastructure costs to support growth have raised concerns, with some analysts warning about margins while others bullishly cite a broad, multi-layer AI strategy spanning cloud, database, and applications. The stock remains broadly supported by analysts (Strong Buy consensus) with upside potential to targets around $245 per share, though execution and AI spending remain key uncertainties (up to roughly $50B in capex).

via TipRanks|

#ai #infrastructure-costs #market-news

equities1 month ago•32 min saved

Oracle Bets Big on AI Agentic Apps as Stock Dips on Rotation

Oracle shares fell about 4% on Thursday as traders rotated into higher-beta names, even as the company rolled out Fusion Agentic Apps across sales, service, HR, finance and supply chain and updated its AI Database and financial-crime tools. The AI agents automate workflows using enterprise data and approvals, with Lucinity expanding Financial Crime capabilities. Updates to the AI Database promise higher availability (Platinum/Diamond tiers) and stronger security (post-quantum cryptography). Looking ahead, June 10, 2026 earnings are expected with EPS around $1.82 and revenue about $19.09B, with ORCL trading near $137 as heavyweight software ETFs influence trading.

via Benzinga|

#ai-database #enterprise-ai #equities

business1 month ago•3 min saved

Oracle offers up to 26 weeks severance for U.S. laid-off employees

Oracle is offering U.S. laid-off employees up to 26 weeks of severance (four weeks of base pay plus one week per year of service, capped at 26 weeks), with state WARN notice adjustments and a requirement that six months of work in the last year counts as a full year for calculation. Affected staff across Oracle Health, Sales, Cloud, Customer Success and NetSuite were notified early Tuesday, with some reports of being locked out of internal systems. Oracle declined to comment. The package aligns with recent Big Tech severance patterns while varying in components, and Oracle employs about 162,000 people as of May 2025.

via Business Insider|

#benefits #business #layoffs

business1 month ago•3 min saved

Oracle trims up to 30,000 jobs to bankroll its AI data-center build

Oracle reportedly cut 20,000–30,000 employees (about 18% of its 162,000-strong workforce) across the US, India, Canada and Mexico as part of a restructure to fund a large AI data-center build. Termination emails and system access were severed around 6 a.m.; Oracle hasn’t officially confirmed totals. TD Cowen estimates the cuts would free $8–$10 billion in cash flow to support roughly $156 billion in AI infrastructure capex, backed by $45–$50 billion in 2026 debt/equity financing. The company posted a 95% jump in net income last quarter and $523 billion in remaining performance obligations, signaling a capital-intensive bet despite strong profitability. Oracle has yet to comment publicly.

via The Next Web|

#artificial-intelligence #business #cloud-computing

business1 month ago•3 min saved

Oracle launches global workforce cuts, tying severance details to personal email

Oracle began global layoffs with notifications indicating immediate termination. Affected employees will be offered severance per the plan and must provide a personal email address for follow-up on separation documents and FAQs, which will be sent via DocuSign. Access to computers, email, and files will be deactivated, and employees are advised not to retain confidential Oracle data; questions can be directed to HR.

via Business Insider|

#business #docusign #layoffs

business1 month ago•3 min saved

Oracle trims workforce to fund AI-driven data-center push

Oracle began global layoffs as it tightens costs to back its AI-focused data-center expansion, including the Stargate project with OpenAI; the moves come as Oracle’s stock has fallen about 30% this year amid AI fears, with the company raising debt to fund the infrastructure push.

via Business Insider|

#ai #business #data-centers