Amid a wave of technology giants ramping up investments in artificial intelligence infrastructure, database and cloud ...

Oracle plans to cut thousands of jobs which will free up cash flow as the company aggressively invests in its AI data center ...

Oracle's layoffs affect more than 230 software developers and an additional 48 software development employees in Washington ...

The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

Several workers at the Texas-based tech giant expressed the shock of being part of the downsizing on the social media ...

Oracle's latest results have improved investor confidence as it continues to sign more deals for its AI infrastructure. Oracle has adopted a smart strategy of funding data center expansion efforts ...

Oracle just delivered a record quarter, with earnings per share and total revenue both up by more than 20% year over year. Management said this was the first time in over 15 years that Oracle ...

Oracle (ORCL) reported Q3 IaaS revenue of $4.89B, up 84% year over year, with Remaining Performance Obligations surging to $553B (up 325% year over year) driven by large-scale AI contracts. Nebius ...

The idea of risk sits at the very center of global financial markets. Assets are valued using a “risk-free” interest rate, and an investor’s tolerance in either taking risk on, or shunning it entirely ...

March 11 (Reuters) - Oracle (ORCL.N), opens new tab shares surged about 12% on Wednesday after the software giant's upbeat revenue forecast eased concerns over its hefty spending on artificial ...

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 ...