Oracle (ORCL) will report fiscal third-quarter results on March 10 and its outlook on its Oracle Cloud Infrastructure unit is likely to be of utmost importance for investors, investment firm Evercore ...

March 5 (Reuters) - Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported on Thursday.

Oracle last reported an employee count of about 162,000 in May 2025. About 31 percent of those employees were in research and ...

Oracle is reportedly planning thousands of layoffs as it pours billions into AI data centers, raising investor concerns over ...

The report suggests that Oracle Chairman Larry Ellison is leading a major push to build new data centers that can handle demanding AI tasks for big customers, including OpenAI.

Mr. Uliyar in fact had dual positions in Health and in the OCI cloud platform. Messrs. Taraki and Romanenko have since gone to EDB, a database software and AI company. Mr. Ford’s article goes into ...

It has been about a month since the last earnings report for Oracle (ORCL). Shares have lost about 4.6% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the ...

Oracle expects its cloud infrastructure business to create $166 billion in revenue by fiscal year 2030, accounting for nearly three-quarters of its total sales, the company says. Reuters reported that ...

Technology giant Oracle Corporation (NYSE: ORCL) could serve as a bellwether for multiple sectors like big tech, AI, and cloud when the company reports second-quarter financial results on Wednesday ...

(Reuters) -Oracle is in talks with Meta for a multi-year cloud computing deal worth about $20 billion, underscoring the social media giant's drive to secure faster access to computing power, a person ...

Oracle's share price skyrocketed 36% in after market trading hours after the company outlined what it acurately deemed an "astonishing quarter" in its latest earnings report. The impressive quarter ...