Part of the market's concern seems to center on what all of this growth costs. Oracle said it plans to raise about $40 billion in fiscal 2027 to help fund its artificial intelligence (AI) data center ...
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To say Oracle reported record results might be an understatement, as the company used the word "record" 20 times in its quarterly financial report. For its fiscal 2026 fourth quarter (ended May 31), ...
Oracle kept its fiscal year revenue guidance intact while raising its profit forecast. The company beat on earnings and revenue for the fiscal fourth quarter. Oracle said it plans to raise an ...
SINGAPORE – Sea’s Shopee is cutting hundreds of developer jobs globally, joining rivals across the world in slashing staff while they adopt AI in the workplace and develop new services based on the ...
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Why did Oracle stock drop today?
Broadcom sparked worries about the durability of AI growth rates earlier this week. Today, one of the biggest AI companies -- Oracle -- is taking it on the chin. One analyst still thinks Oracle is a ...
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