Oracle laid off 30,000 works by email at 6 AM. The same quarter, it posted record revenue and a $553 billion backlog.

Oracle (NYSE:ORCL | ORCL Price Prediction) has undergone a staggering valuation reset, currently trading at $146.38, a 58% ...

The global tech company filed a notice with the state showing that hundreds of employees across numerous roles will lose ...

Oracle cuts thousands of jobs as investor concerns grow over its $500 billion AI data center push, raising questions about ...

Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.

Oracle's latest results have improved investor confidence as it continues to sign more deals for its AI infrastructure. Oracle has adopted a smart strategy of funding data center expansion efforts ...

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 ...

The idea of risk sits at the very center of global financial markets. Assets are valued using a “risk-free” interest rate, and an investor’s tolerance in either taking risk on, or shunning it entirely ...

March 11 (Reuters) - Oracle (ORCL.N), opens new tab shares surged about 12% on Wednesday after the software giant's upbeat revenue forecast eased concerns over its hefty spending on artificial ...

Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...

Oracle is pivoting toward cloud infrastructure, and that has proved controversial on Wall Street due to the heavy spending it requires. Can the company sway the doubters with its third-quarter results ...