Just days after firing 30,000 employees globally, reportedly due to AI-driven cost-cutting, Oracle has appointed Hilary Maxson as its new Chief Financial Officer (CFO) with a massive pay day. While 12 ...
REDWOOD CITY, Calif. (KGO) -- Oracle became the latest tech company to issue mass layoffs. The cloud computing company notified 30,000 employees via email on Tuesday that they are out of the job, per ...
Oracle is shifting Fusion from a system of record to a system of outcomes with 22 new agentic applications - a substantial step beyond copilots that will prompt serious questions about what's now ...
Demand for cloud infrastructure is driving the highest growth in Oracle's revenue and adjusted earnings in 15 years. Oracle says new AI customers are adding additional services, creating a "halo ...
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or ...
Oracle (ORCL) reported Q3 FY2026 IaaS cloud infrastructure revenue surging 84% year over year to $4.89 billion, with Remaining Performance Obligations hitting $553 billion, up 325% year over year.
Oracle reported Q3 2026 financial results after the bell rang this afternoon. The company beat analysts' sales and profit expectations. Buying Oracle stock still entails a fair degree of risk. As of 4 ...
Oracle (ORCL) shares rose 7.5% in extended trading on Tuesday after the IT giant reported fiscal third-quarter results and guidance that topped Wall Street's estimates and provided an update on its ...
Oracle blows investors away with 22% ‘hyper growth’—but cash flow crunches to negative $24.7 billion
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Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...
Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort. The job reductions will affect divisions across the company ...
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