Oracle fired 21,000 workers citing AI adoption, but stock down 14% and negative free cash flow of $1.87 billion suggest financial distress. Unlike MSFT and GOOG, Oracle burned $23.7 billion in cash ...
Oracle CTO and Executive Chairman Larry Ellison. Source: The Globe and Mail Oracle cut about 21,000 jobs in fiscal 2026 as it restructures around AI and cloud infrastructure, raising questions for ...
(Sharecast News) - AIM-listed natural resources developer Oracle Power on Thursday announced the "major milestone" of being granted a mining lease for its Northern Zone gold project in Western ...
Oracle reduced its workforce by 13% over the past 12 months and cited AI deployment in an annual filing on Monday. The company currently employs 141,000 full-time workers, down from 162,000 the ...
Oracle (ORCL) earns a BUY with a $250 price target, as its $638 billion backlog surged 363% year over year. CFO Safra Catz projects OCI revenue growing from $18 billion to $144 billion within five ...
Dozens of hospitals have had their patient data compromised by a 2025 breach of Oracle Health’s legacy Cerner systems. Health systems continue to alert patients of the hack that occurred as early as ...
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You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Microsoft was recently in talks with Oracle about leasing the company's cloud infrastructure, but the ...
Tech company Oracle (ORCL) said on Sunday that it planned to raise $45bn (£32.8bn) to $50bn in 2026 to fund the expansion of its cloud infrastructure business. The company said that it planned to ...
The Group of Seven countries have agreed that no single country should supply more than 60% of their imports of rare earths by 2030 in an effort to reduce their reliance on China. The target will ...
Aquatic life in the upper reaches of the Clark Fork River began to die long before the catastrophic flood of 1908 that deposited contamination from upstream mining and smelting along the beleaguered ...
ACCOMACK COUNTY, Va. - The federal government is taking the first step toward potentially allowing commercial mining of mineral resources from the ocean floor off the coast of both Accomack and ...