Thirty thousand jobs just got deleted off Oracle’s rolls. Of those, 12,000 were in India. Engineers, analysts, and back-office stalwarts got hit with a fact: they were merely dispensable line items on ...
Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...
Today, March 11, 2026, Oracle’s earnings beat and solid inflation data stand out as U.S. stocks wobble on oil and war fears. Reaction to today’s positive inflation data was muted. February’s Consumer ...
For months, Oracle was seen as everything that was wrong with the artificial-intelligence trade: It was taking on debt to build costly infrastructure and was overly dependent on OpenAI. Now, the ...
Oracle stock popped as the company reported strong fiscal third-quarter earnings and reassured investors about its AI cloud computing plans. CEO Clayton Magouyrk touted Oracle's ...
March 10 (Reuters) - 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. The ...
March 5 (Reuters) - Enterprise software company Oracle (ORCL.N), opens new tab is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg ...
Some civilizations in inland China underwent dramatic changes and population drops 3,000 years ago. Now, researchers are using oracle bones, archaeological evidence and climate modeling to find out ...
Oracle Health has launched a device validation program aimed at standardizing how medical devices connect to health systems and electronic health records. The company introduced the Oracle Health ...
Major software stocks like Microsoft, Oracle, and Salesforce have seen significant declines from their recent highs. Analysts are divided on whether the selloff is due to fears that AI will make ...
Oracle ORCL shares rose more than 10% on Feb. 9, posting its biggest daily gain since last September, after a sell-side competitor issued a more favorable rating. Despite the rally, Oracle stock was ...