Oracle beat Wall Street's earnings targets but missed the Street's revenue projections. The company is relying on expensive debt to fund its substantial -- and growing -- capital expenditures, making ...
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"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in reductions to our workforce," Oracle said in the filing. In short, Oracle's business ...
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OpenAI likely makes up the largest portion of Oracle's $638 billion backlog. Oracle has taken on massive amounts of debt to fund its AI expansion. The company's P/E multiple is slightly below its five ...
As millions of businesses struggle with the mess of cloud sprawl, murky licensing fees and data systems that are technically ...
Salesforce's Agentforce ARR surged 205% to $1.2B while Oracle's cloud infrastructure jumped 93%, yet Salesforce trades at a cheaper 12x forward P/E. Oracle plans to raise ~$40B in FY27 to expand ...
On Tuesday, Sen. Elizabeth Warren warned that AI could eliminate millions of jobs, pointing to Oracle’s latest annual filing as a stark example. The database giant cut 21,000 employees over the past ...
A hot potato: As tech executives' narrative around AI-related job losses becomes one of "things aren't that bad" and even "what job losses?" Oracle has reduced its workforce by 21,000 people this ...
It has now been more than nine months since Oracle's report for the first quarter of fiscal 2026 (ended Aug. 31, 2025). At the time, its remaining performance obligation (backlog) in fiscal Q1 had ...
Oracle was co-founded by Larry Ellison in 1977. He remains its chief technology officer Oracle shed about 21,000 roles globally in the last year as the US technology giant reshapes its business around ...
Gwen Shapira shares how teams are scaling AI features using PostgreSQL for mission-critical apps. She explains how to ...
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