Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.
The bearish perspective that Oracle is a legacy company losing the cloud battle is directly countered by the 84% increase in ...
Evan Feagans, portfolio manager at TCW, joins 'Squawk on the Street' to discuss Oracle's upcoming earnings results, the ...
Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people ...
Oracle loses executives health division as several senior leaders depart its health records unit following the Cerner acquisition.
Oracle Corp. has begun laying the groundwork needed to start construction on its new headquarters in Nashville.
Investors allege Oracle misled them about AI infrastructure returns while top executives unloaded shares at inflated prices. A securities class action filed this week in Delaware federal court accuses ...
Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...
Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...
Shares of enterprise software giant Oracle (NYSE:ORCL) fell 3.9% in the afternoon session after geopolitical tensions between the United States and the European Union escalated, sparking fears of a ...
Oracle faces legal action from bondholders who claim the company withheld critical information when it raised nearly $20 billion in capital this September. The market is pricing Oracle bonds as ...