Oracle (ORCL -14%) is under heavy pressure following its Q2 (Nov) report, despite posting big EPS upside and its strongest revenue growth in 10 quarters. Revenue rose 14.2% yr/yr to $16.06 bln, but ...

In recent days, Oracle has moved to cut thousands of jobs and rein in costs amid a cash squeeze driven by its aggressive AI data center buildout, even as it faces multiple securities lawsuits over ...

Oracle stock will remain under pressure until it provides tangible evidence that its spending is paying off.

The report suggests that Oracle Chairman Larry Ellison is leading a major push to build new data centers that can handle demanding AI tasks for big customers, including OpenAI.