Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...
Oracle (NYSE: ORCL) just did something it hasn't done in 15 years. In the third quarter of fiscal 2026 (ended Feb. 28), adjusted revenue and earnings per share both grew at least 20% year over year, ...
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 ...
The $400 billion enterprise software and cloud infrastructure giant Oracle is in the hot seat with a fiscal third-quarter earnings drop amid a spotlight on its heavy borrowing and negative free cash ...
The AI trade will be tested as Oracle reports third-quarter earnings. Oracle announced a $50 billion financing plan last month to fund its data center buildout. The tech heavyweight's relationship ...
What we know so far: Oracle is preparing for another wave of job cuts as part of a major restructuring plan, even as it ramps up investment in artificial intelligence and cloud infrastructure. The ...
Oracle's massive capital expenditures have taken a sledgehammer to its free cash flow. Upfront customer payments and efficiency improvements should slow the rate of cash burn. But it comes at a steep ...
Oracle's fiscal third-quarter revenue was $17.2 billion -- up 22% year over year. The company's remaining performance obligations recently surged past half a trillion dollars. With shares trading at ...
OpenAI and Oracle have stepped back from plans to expand a major artificial intelligence data center in Texas, according to a report by Bloomberg. The decision follows extended negotiations over ...
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