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 ...
The market's enthusiasm for AI is having a material impact on this tech stalwart's financials.
Oracle is reportedly weighing cuts of up to 30,000 employees to fund AI data center expansion. Here's what HR leaders need to watch.
Discover how Oracle's earnings report could influence its full-year 2026 guidance and long-term growth strategy. Read more here.
There’s limited evidence that Oracle is replacing workers with AI en masse—but the company is planning thousands of job cuts while investing tens of billions of dollars in data centers.
The additional spend covers redundancy packages and other exit costs as increasingly powerful AI models allow the company to cut software jobs.
Tire giant Michelin has confirmed a data breach stemming from the Oracle E-Business Suite (EBS) hacking campaign.
The expanded fund, disclosed in a filing with the US Securities and Exchange Commission following Oracle's quarterly earnings report, has heightened concerns that the company's restructuring ...
Oracle Corporation is rated a Buy due to robust execution, margin inflection, and high potential cloud growth opportunity.
Oracle (ORCL) earnings show 20% revenue growth with stable margins, strong cloud/AI backlog and upside valuation potential.
Oracle shares led the tech sector higher Wednesday as investors cheered the cloud giant's better-than-expected earnings and stronger outlook.