Evercore analyst Kirk Materne said Oracle's announcement of using $25B in debt and $25B in equity to capitalize itself, along ...
Oracle (ORCL) stock weakens as the company announces sweeping job cuts to manage rising AI infrastructure costs and plans to ...
This Q3 was the first quarter in over 15 years where organic total revenue and non-GAAP earnings per share both grew at 20% or more in USD. Cloud revenue was at the high end of our guidance, total ...
Oracle now sees fiscal 2026 restructuring expenses of $2.1 billion, an SEC filing shows. ・The cloud company laid off over 3,000 workers in August-September 2025. ・ORCL stock rose 9.2% on Wednesday ...
Oracle (NYSE: ORCL) operates at the center of this ecosystem. But while its shares nearly quadrupled between late 2022 and ...
The timeline for some of the data centers that Oracle Corp. (ORCL) is building for its Project Stargate partner, OpenAI, has reportedly been pushed back to 2028 from 2027. According to a Bloomberg ...
Oracle Corp. is expected to cut thousands of jobs, pivoting as it plans to focus expenditures on artificial intelligence efforts. Bloomberg reports the layoffs could begin this month and will affect ...