You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Oracle's head count has been shrinking as it made layoffs to cut costs — and now there's a number ...
Oracle is spending big on artificial intelligence—to the tune of $70 billion this year alone—in order to build data centers and AI-capable servers. But that AI expansion hasn’t come without a human ...
Oracle CTO and Executive Chairman Larry Ellison. Source: The Globe and Mail Oracle cut about 21,000 jobs in fiscal 2026 as it restructures around AI and cloud infrastructure, raising questions for ...
Oracle spent $55.7 billion on data centres in FY2026, overshooting its own $50 billion guidance. Revenue and cloud bookings beat estimates, but the stock fell 7% after hours on capex concerns and ...
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 kept its fiscal year revenue guidance intact while raising its profit forecast. The company beat on earnings and revenue for the fiscal fourth quarter. Oracle said it plans to raise an ...
On Wednesday, Oracle (NYSE:ORCL) discussed fourth-quarter financial results during its earnings call. The full transcript is provided below. This transcript is ...
Oracle Corp. is set to report Q4 and full-year fiscal 2026 earnings on Wednesday, June 10, with analysts expecting another strong quarter of cloud-led growth. Analysts expect Q4 revenues of $19.1 ...
Oracle has debuted its monthly Critical Security Patch Update (CSPU) with patches for 77 vulnerabilities, including a dozen critical-severity flaws. Announced in early May, the monthly rollouts are ...
Oracle Corporation remains a Buy as surging cloud AI infrastructure demand drives a record $553B backlog and robust revenue growth. ORCL's cloud revenue now exceeds 52% of total revenue, with cloud ...
Oracle stock closed down Tuesday as its relationship with ChatGPT-developer OpenAI is under scrutiny again—and taking down much of the AI trade with it even though the tech start-up has pushed back.