Oracle is reportedly planning thousands of layoffs as it pours billions into AI data centers, raising investor concerns over ...
Oracle’s initial moves as an AI cloud provider drew favour from investors, who boosted the stock 61 per cent in 2024 and 20 per cent last year. However, as the costs increased, the market has soured ...
Led by Chairman Larry Ellison, Oracle is embarking on a historic build-out of data centers to power AI workloads for ...
Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people ...
ORCL's AI backlog surge lifts revenue visibility as cloud jumps 34% y/y and $4B in new AI deals fuel the fiscal 2027 growth outlook.
The report suggests that Oracle Chairman Larry Ellison is leading a major push to build new data centers that can handle demanding AI tasks for big customers, including OpenAI.
Oracle is planning to axe thousands of jobs worldwide, among its moves to handle a cash crunch from a massive AI data center expansion effort.
Seven of the nation's largest artificial intelligence (AI) companies and hyperscalers signed a White House-brokered agreement March 4 committing to build, ...
In the last reported quarter, Oracle delivered an earnings surprise of 38.65%. The company’s earnings missed the Zacks Consensus Estimate once in the trailing four quarters, while beating the same ...
Loomis Sayles, an investment management company, released its “Global Growth Fund” investor letter for the fourth quarter of 2025. A copy of the letter can be downloaded here. The Fund prioritizes ...
Fresh USCIS data shows Oracle with 11,600 H-1B approvals in Austin (2020-2025), Tesla at 5,307 – amid ongoing debates and legal challenges.
Shares of Oracle Corporation (ORCL) have fallen sharply, dropping over 55% from their 52-week high of $345.72. The decline reflects investor concern over the company’s aggressive capital spending ...