business / news / / Finbold
Oracle (NYSE: ORCL) stock has declined 15.29% in the last month of trading.
Oracle fired approximately 30,000 employees via a dawn email in late March 2026.
KEY POINTS
- Hilary Maxson was hired as Oracle's new CFO shortly after the mass layoff.
- UBS analyst Karl Keirstead predicts Oracle stock could rally 80.92% to $250 in 12 months.
- Oracle's capital expenditure will jump from $6.86 billion in FY2024 to $21.25 billion in FY2025.
- Oracle's reliance on OpenAI for data centers is now seen as a strategic headwind amid stalled buildout.
COMPANIES
Summarized by Newsio from Finbold. How we summarize →