Oracle and OpenAI have scrapped plans to expand their flagship Stargate data centre in Abilene, Texas, after months of failed negotiations over financing and shifting demand. The collapse comes ...
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 ...
Oracle reported Q3 2026 financial results after the bell rang this afternoon. The company beat analysts' sales and profit expectations. Buying Oracle stock still entails a fair degree of risk. As of 4 ...
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 broke its usual patch cycle this week to announce a critical vulnerability in its Fusion Middleware. On March 19, the enterprise software and cloud computing giant released a special security ...
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The investment details emerged in Oracle's quarterly filing for the period ending Feb. 28, where the company reported roughly $2.2 billion in "non-marketable debt investments and equity securities." ...
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 ...
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 ...
March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, ...
The global technology industry is seeing multiple rounds of layoffs as companies invest more in automated artificial intelligence systems. In the first few months of 2026, more than 35,000 tech ...
Oracle ORCL-2.21%decrease; red down pointing triangle raised its sales outlook as demand for artificial intelligence continues to outpace supply, sending its shares higher in off-hours trading. Oracle ...
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