There’s limited evidence that Oracle is replacing workers with AI en masse—but the company is planning thousands of job cuts while investing tens of billions of dollars in data centers.

Oracle's backlog was the centerpiece of the results. CEO Safra Catz revealed that the company's remaining performance obligation (RPO) -- a backlog of future sales -- rose to $553 billion, surging 325 ...

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 ...

Oracle shares climbed as much as 10 per cent on Tuesday after the outfit beat expectations and raised guidance, while trying to calm nerves about its AI infrastructure punt. Oracle founder Larry ...

Oracle shares surged about 12% on Wednesday after the software giant's upbeat revenue forecast eased concerns over its hefty ...

Q3 FY2026 earnings call recap: 20%+ revenue/EPS growth, surging AI & multicloud database, $553B RPO, and outlook—read key takeaways.

Oracle posted earnings that topped Wall Street estimates and lifted its outlook, as strong AI demand drove its sales and ...

As Bitcoin settles into its fourth mining epoch following the 2024 halving, the barrier to entry for the average investor has shifted from the garage to the data center. While "home mining" has ...

Oracle has confirmed that financing for its Port Washington data center is on schedule. The Port Washington campus is part of a larger partnership with OpenAI to develop artificial intelligence.

Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Every enterprise IT executive faces the same AI paradox: their most valuable data sits ...

TikTok users experiencing glitches, trouble logging in and struggles to post content voiced claims of censorship by the app’s new U.S. ownership this week. But Austin-based Oracle Corp. — which is ...