Oracle ( ORCL) reduced its workforce by about 21,000 employees over the past year as part of a restructuring effort aimed at ...
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
Investors continue to worry about the return Oracle will get on its AI infrastructure spending.
Oracle PeopleSoft servers are being targeted in ongoing data theft attacks by the ShinyHunters extortion gang, which claims to have stolen data from over 100 organizations. PeopleSoft is an enterprise ...
Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data center projects.
Oracle plans to raise nearly $40 billion in debt and equity in 2027 Capital spending for 2026 reached $55.66 billion, surpassing Oracle's $50 billion target Analysts highlight investor concerns over ...
Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital ...
Oracle on Wednesday forecast capital spending plans for fiscal 2027 above Wall Street estimates, as the cloud computing company said it will also raise more debt in 2027, reflecting the staggering ...
Oracle's earnings had an opportunity to turn around the recent malaise with tech stocks. Instead, it announced it would raise more money, adding to worries.
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