"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...
Oracle cut about 21,000 jobs in fiscal 2026 as it restructures around AI and cloud infrastructure, raising questions for ...
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
Oracle ( ORCL) reduced its workforce by about 21,000 employees over the past year as part of a restructuring effort aimed at ...
Oracle's financial position and doubts about its largest AI client have weighed on the stock.
The lawsuit escalates Oracle’s dispute over Public Service Commission requirements designed to shield utility ratepayers from data center financial risks.
Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data center projects.
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 ...
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June 10 : Oracle on Wednesday forecast capital spending plans for fiscal 2027 above Wall Street estimates, as the cloud computing company said it will also raise more debt in 2027, reflecting the ...
Oracle has denied reports that discussions for a $3 billion deal with Microsoft fell apart due to security and compliance concerns. Oracle told Reuters that these claims - which were laid out in a ...
Amid Oracle's stock slump ahead of the upcoming earnings report, more than $47 billion has been wiped off founder Larry Ellison’s net worth in under a week. Ellison's fortune fell from a peak of ...