Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data ...
Oracle Reportedly Planning Thousands of Job Cuts Amid Massive AI Spending Your email has been sent Oracle is reportedly preparing to cut thousands of jobs as the tech giant pours billions of dollars ...
Oracle saw strong growth in fiscal Q3. More importantly, the company showed it can get a good return on its cloud computing investments. While the stock has been on a roller coaster ride over the past ...
Oracle (ORCL) stock rocketed higher after the company beat Wall Street's expectations on the top and bottom lines for its Q3 earnings on Tuesday and raised its 2027 revenue guidance to $90 billion.
Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...
Wall Street gave Oracle (ORCL) stock a reprieve from the dog house on Wednesday after the company reported better-than-expected third quarter results and revised its fiscal 2027 revenue higher to $90 ...
Oracle's third-quarter cloud infrastructure revenue surged 84% year over year, accelerating significantly. The software giant's remaining performance obligations climbed to a staggering $553 billion.
Oracle has surprised the Wall Street on March 10 by reporting its best fiscal quarter in 15 years. Revenue for the third quarter of fiscal; 2026 has increased 22% to $17.2 billion, while the cloud ...
The AI trade will be tested as Oracle reports third-quarter earnings. Oracle announced a $50 billion financing plan last month to fund its data center buildout. The tech heavyweight's relationship ...
Oracle is reportedly planning to cut jobs over the next coming months. According to a report by Financial Times, the company’s filing with the US Securities and Exchange Commission recently revealed a ...
Connecting the dots: Will Oracle be the first major company to falter amid the looming AI bubble? Analysts are scrambling to interpret what is really happening at the cloud giant, as co-founder Larry ...