Good morning. It’s amazing how many of the top tech business stories right now feature Oracle playing either a central role, or some level of supporting role. There’s the American TikTok joint venture, the OpenAI data center project (part of which is reportedly being scaled back), the $111 billion Paramount Warner Bros acquisition (with a fair chunk of the price guaranteed by Larry Ellison’s Oracle equity), and the tech industry layoffs (reports emerged last week that Oracle plans to cut thousands of jobs), and the Big Tech bond binge (see news item below).
For a behind-the-scenes enterprise software company, Oracle sure knows how to get in the news.
This week, the spotlight will shine directly on Oracle when it reports its quarterly earnings after the bell on Tuesday. In addition to all the updates on Oracle’s actual business, Wall Street has lots of questions about the various projects that Oracle and its cofounder are at the center of. It should be an interesting conference call.
Today’s tech news below.
Alexei Oreskovic@lexnfxalexei.oreskovic@fortune.com
