Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...

Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...

Oracle has surprised the Wall Street on March 10 by reporting its best fiscal quarter in 15 years. Revenue for the third quarter of fiscal; 2026 has increased 22% to $17.2 billion, while the cloud ...

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...

Oracle Reportedly Planning Thousands of Job Cuts Amid Massive AI Spending Your email has been sent Oracle is reportedly preparing to cut thousands of jobs as the tech giant pours billions of dollars ...

The race to build an AI ecosystem has propelled massive investments and brought the most unlikely players to the table. Oracle, the legacy enterprise software company launched in 1977 by co-founder ...

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 Thursday. Long a smaller ...

Oracle ORCL-0.82%decrease; red down pointing triangle raised its sales outlook as demand for artificial intelligence continues to outpace supply, sending its shares higher in off-hours trading. Oracle ...

Oracle's competitors can leverage their cash flow to outspend the company. Oracle may be undercutting its peers to win mega-scale cloud contracts. The company's roadmap is heavily dependent on OpenAI ...

Oracle has added Cerebras AI chips to its cloud infrastructure, alongside Nvidia and AMD hardware. Oracle, CEO Clay Magouyrk, said that Oracle is utilising these chips to deliver AI workloads and ...

Oracle has called reports of scrapping its Texas data centre expansion with OpenAI "false and incorrect," saying it and developer Crusoe are "operating in lockstep" at the Abilene site. The response ...

Asking for a Trend host Josh Lipton takes a look at the top stories for investors to watch on Tuesday, Mar. 10. Existing home sales data for February will be out in the morning, with economists ...