Affected employees were offered four weeks of base pay plus one week for each year of service; the number of jobs affected ...
Oracle's workforce fell by around 21,000 employees, or 13 per cent, during fiscal 2026. Its global headcount stood at roughly 141,000 at May-end.
The software giant reported a surge in cloud infrastructure revenue during its latest quarter. Here's what Wall Street ...
Larry Ellison just canceled a plan to sell billions in Oracle stock, but the market is punishing shares anyway as a surprise ...
Oracle raised its fiscal year 2027 revenue guidance to $90 billion, driven by surging AI cloud demand, but $90-95 billion in ...
Oracle is a provider of databases, business software, and cloud infrastructure services. Click here to read this latest ...
Oracle demonstrates accelerating cloud infrastructure growth, with Q1 sales up 121% to $7.4B, driving overall revenue up 30%.
"Customer demand for AI Cloud Training and Inferencing Services continues to grow faster than supply," said the company in ...
Oracle Cloud Infrastructure earnings surged 121% to $7.4 billion in Q1 FY2027, with GPU utilization at 97.9% and a record $664 billion contract backlog, as Oracle reported total revenue of $19.3 ...
Oracle shares surged in extended trading Thursday after the tech giant reported record results on the back of booming cloud infrastructure demand.
Oracle has shed a third of its value while booking a backlog that no software company has ever matched, and the reason that ...
Oracle (NYSE: ORCL) shares are rallying Friday after investors got new numbers on its cloud business, AI contracts and ...