Story perspectives
Oracle Faces Layoffs Amid $50B Spending and Stock Plunge
3/10/2026
1 of 1
Story summary
- Its stock has fallen 23% this year due to heavy borrowing and negative free cash flow.
- Oracle Corporation is preparing to report its fiscal third-quarter results.
- Analysts expect quarterly revenues to rise about 20% to $17 billion, while thousands of layoffs may occur.
- Capital expenditures could reach $50 billion, raising concerns about financing amid a competitive AI market.
