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.

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

Oracle bought 15% of TikTok's U.S. operations in January after China's ByteDance was forced by U.S. law to divest.

Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.

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 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.

For the first time in over a decade and a half, Oracle says it grew both revenue and earnings by at least 20% Oracle's stock was rising after Tuesday's earnings report. Oracle proved the ...

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 ...