Citizens Stays Constructive on Oracle (ORCL) Amid Investor Confusion on OCI

Oracle Corporation (NYSE:ORCL) is one of the AI Stocks Making Waves on Wall Street. On December 17, Citizens maintained its “Market Outperform” rating on the stock with a $342.00 price target. The ...

Phillip Securities raises Oracle 2026 capex forecast to $50B highlighting confidence in OCI and full-stack AI leadership

Oracle Corporation (NYSE:ORCL) is one of the most active US stocks to buy according to analysts. On December 15, Phillip ...
CRN

Oracle Layoffs Hit Employees With OCI, Media Services, Sovereign Cloud

Multiple employees let go by the vendor worked in Oracle Cloud Infrastructure media services and sovereign cloud efforts. Oracle is the latest technology vendor to lay off employees, with cuts ...
Datacenter Dynamics

OpenAI to use OCI for AI training, Oracle to build "very large data center"

“We are delighted to be working with Microsoft and Oracle. OCI will extend Azure’s platform and enable OpenAI to continue to scale,” said Sam Altman, CEO, OpenAI. “The race to build the world’s ...
Datacenter Dynamics

Significant layoffs at Oracle, job cuts impact US and India OCI teams

Oracle is in the midst of laying off a large number of workers around the world. The company's Indian operations are believed to be heavily impacted, while US-based Oracle Cloud Infrastructure (OCI) ...
CIO

OCI demand for AI workloads, Cerner boost Oracle’s third quarter revenue

Demand for data in AI models and AI workload processing to continue to bolster Oracle Cloud Infrastructure (OCI) and Fusion application revenue for the coming quarters. Oracle on Thursday reported ...