Oracle began laying off thousands of employees on 31 March 2026 via 6 a.m. termination emails across the US, India, Canada, ...
Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...
Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.
The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.
Oracle is cutting staff as the company seeks to curb cost while it invest in AI infrastructure.
Oracle cuts thousands of jobs as investor concerns grow over its $500 billion AI data center push, raising questions about ...
Oracle (ORCL) down 22% YTD to $151.56 despite $523B in Remaining Performance Obligations up 438% and multicloud database up 817%. Nvidia (NVDA) data center revenue $62.31B up 75%, Broadcom (AVGO) AI ...
Oracle (ORCL) stock rocketed higher after the company beat Wall Street's expectations on the top and bottom lines for its Q3 earnings on Tuesday and raised its 2027 revenue guidance to $90 billion.
Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data ...
Oracle began layoffs on Tuesday as it seeks to cut costs. Read the email it sent to affected employees.
Up to 10,000 employees have been impacted by the decision, which Oracle said was part of a "broader organizational change." ...
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