The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
CNBC's Seema Mody reports on Oracle as the tech giant reports after the bell on Wednesday. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC ...
On Wednesday, Oracle (NYSE:ORCL) discussed fourth-quarter financial results during its earnings call. The full transcript is provided below. This transcript is brought to you by Benzinga APIs. For ...
Other takeaways from the filing, the company's guidance and a prospectus on its capital needs suggest that Oracle's capex ...
Oracle kept its fiscal year revenue guidance intact while raising its profit forecast. The company beat on earnings and revenue for the fiscal fourth quarter. Oracle said it plans to raise an ...
Oracle Corp. is set to report Q4 and full-year fiscal 2026 earnings on Wednesday, June 10, with analysts expecting another strong quarter of cloud-led growth. Analysts expect Q4 revenues of $19.1 ...
A record earnings beat wasn’t enough for Oracle to satisfy investors, who are looking for more definitive proof of a successful artificial-intelligence business transformation. Shares of Oracle ORCL ...
Part of the market's concern seems to center on what all of this growth costs. Oracle said it plans to raise about $40 billion in fiscal 2027 to help fund its artificial intelligence (AI) data center ...
Microsoft has reportedly walked away from a potential cloud infrastructure leasing deal with Oracle that could have been worth more than $3 billion, according to a report by Business Insider. The ...
The Office of Personnel Management on Wednesday awarded its anticipated contract to modernize and consolidate federal human resources functions to Oracle, capping a process that’s been over a year in ...
Oracle warned its corporate customers that there is a critical-rated vulnerability in its PeopleSoft software, which is used by large companies to manage payroll and human resources, a day after a ...
The AI industry’s effort to build as many data centers as possible has spurred trillions in global debt. If that worries you, prepare to get even more worried. Oracle said in its earnings report on ...