The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...

These days, it is trying to become one of the most important players in AI data centers. Now, Oracle itself is warning ...

Oracle could complete nearly 30,000 job cuts by mid-June 2026 despite reporting strong growth in its cloud computing and artificial intelligence businesses, according to a report by Tech Times. The ...

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Oracle Cloud Infrastructure revenue increased 93 percent in the last quarter on the back of growing demand for its AI workloads and database services. In its Q4 FY2026, Oracle has posted revenues of ...

The cloud company's backlog has become a key gauge of AI demand.

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Oracle (ORCL) is expected to report a healthy fourth-quarter print on June 9, before markets open, with earnings seen climbing 15.3% Y/Y. The consensus EPS Estimate is $1.96, while revenue is likely ...

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 ...

(1) The sum of the quarterly information presented may vary from the year-to-date information presented due to rounding. (2) We compare the percent change in the results from one period to another ...

June 16 (Reuters) - Oracle said on ⁠Tuesday ⁠that details in a ⁠Business Insider report on the collapse of its discussions with Microsoft over a potential leasing deal ‌were inaccurate. The report had ...