The Zhitong Finance App learned that on Monday, Oracle (ORCL.US) fell more than 5% to $142.44. According to the news, according to reports, Oracle has begun a new round of layoffs, and the layoff ratio for some teams may reach double digits. The layoffs have already been planned internally, and the main purpose is to reduce payroll costs to support the company's continued expansion of AI infrastructure investments. The total number of Oracle employees in the 2026 fiscal year has been reduced by 21,000, a decrease of about 13%. Before this round of layoffs, the number of employees in the company was about 141,000. At the same time, the company is actively constructing data centers. The capital expenditure for the first fiscal quarter reached 28.5 billion US dollars, up from 8.5 billion US dollars in the same period last year, and maintained the capital expenditure forecast of 90 billion to 95 billion US dollars for the 2027 fiscal year.

Morgan Stanley analyst Sanjit Singh maintained Oracle's “neutral” rating and target price of $210 in the latest report. Morgan Stanley said that the transformation of gross margin and free cash flow in the AI infrastructure business is a key variable that determines whether Oracle's valuation can shift from “neutral” to “increase holdings.”

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