Oracle’s global workforce fell to 141,000 full-time employees as of 31 May 2026, down from 162,000 a year earlier, a net reduction of roughly 21,000 people. The company’s annual regulatory filing ...
Buy ORCL. The layoffs are a cost-base reset to fund AI/cloud capex (guided ~$70B capex plus ~$40B financing). The market is reacting to headcount cuts, but the bigger story is reallocation toward data ...
Oracle delivered Q4 revenue of $19 billion, marking a 21% year-over-year increase, while cloud revenue soared 47% to approximately $10 billion. Shares declined 11% following the earnings announcement; ...
Oracle reported in-line fourth-quarter results, with total revenue up 21% to $19 billion and cloud revenue up 47% to nearly $10 billion. The company delivered more than 1.2 gigawatts of data center ...
Oracle's growth right now is impressive. Fiscal fourth-quarter revenue rose 21% year over year to $19.2 billion, with total cloud revenue jumping 47% and cloud infrastructure revenue surging 93%. Even ...
Oracle warned its corporate customers that there is a critical-rated vulnerability in its PeopleSoft software, which is used by large companies to manage payroll and human resources, a day after a ...
Oracle shares slid 6% in after-hours trading following an earnings report showing that the software and cloud-computing company spent more than expected on capital projects last year. Oracle, whose ...
A record earnings beat wasn’t enough for Oracle to satisfy investors, who are looking for more definitive proof of a successful artificial-intelligence business transformation. Shares of Oracle ORCL ...
Oracle plans to raise nearly $40 billion in debt and equity in 2027 Capital spending for 2026 reached $55.66 billion, surpassing Oracle's $50 billion target Analysts highlight investor concerns over ...
The tragic incident occurred at McKinley Elementary School in Burlingame, California, on May 13, according to reports KRON 4/Youtube A young boy died after a table fell on him at an after-school ...
Ayyoun is a staff writer who loves all things gaming and tech. His journey into the realm of gaming began with a PlayStation 1 but he chose PC as his platform of choice. With over 6 years of ...
Shares of Oracle (ORCL) slipped 1.05% to close at $193.89 on Monday, ending a six-session winning streak. The stock had gained around 14% between May 1 and May 8, while the S&P 500, rose 2.33% over ...