Gate News Report, March 10 — Oracle will release its Q3 earnings on Tuesday, allowing the market to assess its AI investment returns. Last month, Oracle announced a $50 billion financing plan, including $5 billion in convertible preferred stock (which can be converted into common stock) and approximately $25 billion in preferred notes (priority bonds) for data center construction. Meanwhile, progress on the previously announced $300 billion partnership with OpenAI has garnered attention — despite the collapse of negotiations to expand in Abilene, Texas, Oracle stated that plans to deliver eight sites to OpenAI are still on schedule. Analysts suggest that Oracle may optimize costs through layoffs of 20,000 to 30,000 employees and asset divestitures, potentially freeing up about $8 to $10 billion in free cash flow (operating cash flow minus capital expenditures).
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