Oracle has decreased its workforce by tens of thousands in the past year while spending $70 billion to fund its AI expansion.
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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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 ...
Oracle reports fiscal Q4 2026 earnings June 10, and Mizuho analyst Siti Panigrahi predicts the results will be "solid," with Oracle likely to beat on both sales and earnings. Sales probably grew 17% ...
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