The additional spend covers redundancy packages and other exit costs as increasingly powerful AI models allow the company to cut software jobs.

Shares of Oracle and chipmakers rose on Wednesday after a strong earnings report signaled AI demand remains healthy, but ...

Oracle shares surged about ⁠10% ⁠before the bell on Wednesday ⁠after the software giant's upbeat revenue forecast calmed worries over faster ​returns from its hefty spending on artificial intelligence ...

Discover how Oracle's earnings report could influence its full-year 2026 guidance and long-term growth strategy. Read more here.

On the call today are Chairman and Chief Technology Officer, Lawrence Ellison; Chief Executive Officer, Clay McGork; Chief Executive Officer, Mike Cecilia; and Principal Financial Officer, Doug Caring ...

For the first time in over a decade and a half, Oracle says it grew both revenue and earnings by at least 20%.

Evan Feagans, portfolio manager at TCW, joins 'Squawk on the Street' to discuss Oracle's upcoming earnings results, the ...

US equities ended the week starkly in the red as the war in Iran and the ensuing surge in global oil prices have rankled the global economy. No corner of the market has been left untouched, and most ...

The likelihood that Nvidia NVDA0.66%increase; green up pointing triangle will be investing far less than $100 billion in OpenAI raises big questions for Oracle ORCL-1.50%decrease; red down pointing ...

An alleged data breach at Oracle Health (NYSE:ORCL) could impact several U.S. healthcare organizations and hospitals after a threat entity stole patient data from legacy servers, BleepingComputer ...

Two companies at the center of the artificial-intelligence data center investment boom are parting ways, according to a report from the Financial Times. Oracle and alternative investments firm, Blue ...

Larry Ellison’s Oracle is stumbling into the end of the year with its shares taking a beating. The tech firm’s stock has plummeted 30% so far this quarter, CNBC noted Friday. Only four trading days ...