Oracle shares surged about 12% on Wednesday after the software giant's upbeat revenue forecast eased concerns over its hefty ...
Oracle on Tuesday predicted that the AI data center boom will power its revenue above Wall Street estimates well into 2027, sending its shares up 8.3% in extended trading.
Enterprise software giant Oracle (NYSE:ORCL) reported Q1 CY2026 results topping the market’s revenue expectations, with sales up 21.7% year on year to $17.19 billion. The company expects next ...
Oracle execs tried to calm investor fears that AI will replace traditional software tools.
Results ease concerns that multibillion-dollar push into AI computing would not generate profits quickly enough ...
Microsoft is in advanced talks to lease hundreds of megawatts of data center capacity at a closely watched artificial intelligence campus in Abilene, Texas, after rival Oracle walked away from the ...
The Oro Valley Police Department said Sari Weisma, from New York, died in the crash.
Oracle Corp. posted quarterly cloud revenue that was better than expected and projected strong sales in the upcoming fiscal year, a sign the company is making good on its massive AI bookings.
Few stocks have been hit harder by investors’ rising skepticism around artificial intelligence than Oracle Corp. And there may be little the company’s upcoming earnings can do to change that sentiment ...
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Oracle reportedly plans thousands of layoffs amid growing AI spend
The layoffs are reportedly expected to be far more than Oracle’s usual rolling job reductions, and some of them will include cutting back on categories that can be bolstered using AI. ・Oracle has ...
Oracle is actively promoting its AI data center progress and job creation efforts amidst significant investor concerns. The company's massive $300 billion OpenAI cloud contract, signed in September ...
IRAN has threatened to bomb banks and American companies in Dubai, Israel and across the Gulf as war in the Middle East rages ...
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