Oracle just delivered a record quarter, with earnings per share and total revenue both up by more than 20% year over year. Management said this was the first time in over 15 years that Oracle ...
Much like its peers in the tech industry, Oracle is pouring money into AI infrastructure. In a bid to compete with companies like Amazon and Microsoft, the tech giant inked a lucrative $300 billion ...
"AI is helping so much that we don't need people," is the go-to narrative. But did Oracle convince investors? Reading time 3 minutes In a third-quarter earnings report on Tuesday, tech giant Oracle ...
Oracle's AI data center strategy boosts revenue forecast to $90 billion by 2027 RPO grows 325% YoY to $553 billion in Q3, surpassing estimates Oracle's cloud margins expected to improve with database ...
Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...
Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...
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 shares have been battered as investors worry about the company’s debt levels and whether OpenAI will follow through on its commitments, but some analysts now see a buying opportunity. “The ...
I have to say that it was quite a spectacle to actually see how the incredible surge took Oracle stock from its May bottom to the highs in September, before it all came crashing down over the next ...
The likelihood that Nvidia NVDA0.54%increase; green up pointing triangle will be investing far less than $100 billion in OpenAI raises big questions for Oracle ORCL 0.23%increase; green up pointing ...
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
Oracle (ORCL) on Sunday said it expects to raise $45B to $50B in 2026 to build additional capacity for its cloud infrastructure business. Shares in the software company rebounded to gain 4% after ...
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