Oracle shares rise over 2% after workforce layoffs
Oracle (NYSE:ORCL) shares climbed more than 2% in early Thursday trade after a similar gain a day earlier. Investors weighed ongoing workforce reductions against expanding AI infrastructure spending tied to large AI deals.
Oracle NYSE:ORCL shares climbed more than 2% in early Thursday trading after rising a similar amount the previous day, as investors weighed ongoing workforce reductions against the company's expanding artificial intelligence infrastructure spending. The latest cuts follow a broader reduction in Oracle's wor…