Oracle's free cash flow swung to negative $24.7 billion over the past year. Capital spending jumped 223% as the company races to build AI data centers. Total debt has climbed past $134 billion, ...
I've watched plenty of companies chase a hot trend and spend their way into trouble. The story usually looks thrilling on the way up and painful on the way down. Oracle is the latest name testing that ...
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Oracle (NYSE: ORCL) became the latest tech company to issue mass layoffs this morning. The legacy tech giant that's currently in the middle of a massive AI infrastructure build-out sent emails to ...