Oracle's stock has fallen to $175, dragged down by worries about AI impacting traditional software and high capital costs. However, its Q4 report revealed a massive $638 billion AI backlog, ensuring years of future revenue. Cloud Infrastructure revenue surged 93% year-over-year, and management projects $90 billion revenue by FY2027 with strong cloud growth guidance. While free cash flow is currently negative due to heavy investment, the large backlog and growth prospects suggest significant upside if Oracle meets its cloud growth targets and manages capital effectively.
Oracle laid off 21,000 employees, about 13% of its workforce, claiming AI adoption is improving efficiency. However, investors are skeptical, suspecting financial struggles as Oracle's stock dropped 14% in a year and it reported a $1.87 billion negat...
Oracle reduced its workforce by about 21,000 employees over the past year, a nearly 13% drop, due to the adoption of AI technologies across its operations. The company incurred $1.8 billion in restructuring costs, up from $374 million the previous ye...
Oracle reduced its workforce by nearly 13%, cutting 21,000 jobs to 141,000 employees as of May 2026, citing AI technology deployment as a key factor. The company spent $1.8 billion on restructuring costs, a significant increase from the previous year...
Major tech companies are expected to spend about $750 billion on AI development this year, primarily funded through debt rather than cash reserves. This marks a shift from the past decade when these firms self-funded growth, making them less sensitiv...
Oracle reported its largest quarter ever with $19.18 billion revenue and 93% growth in cloud infrastructure, yet shares fell due to massive capital expenditures. The company expects $70 billion in capex for FY27, causing free cash flow to turn negati...
