Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...
SAN FRANCISCO, March 23 (Reuters) - (This March 23 story has been corrected to clarify that Oracle introduced agentic apps that work across its software suite, rather than individual AI agents, in the ...
Oracle's cloud infrastructure grew impressively last quarter, suggesting that it is successfully converting its solid backlog into revenue. The tech giant has raised its revenue forecast for the next ...
After spending billions last year to expand its compute capacity, Oracle delivered strong third quarter earnings, highlighting significant growth in AI infrastructure revenue. “Demand for AI ...
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's AI data center strategy boosts revenue forecast to $90 billion by 2027 RPO grows 325% YoY to $553 billion in Q3, surpassing estimates Oracle's cloud margins expected to improve with database ...
Oracle (ORCL) has $523B RPO (up 438%), $16.06B revenue missed estimates, down 13% on earnings and 23% YTD, free cash flow -$362M. Blue Owl (OWL) down 34% YTD. Nvidia (NVDA) revenue $68.13B, up 73%.
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 ...
Add Yahoo as a preferred source to see more of our stories on Google. Oracle’s native multicloud networking supports 26 global partner cloud regions. (Samuel Boivin/Shutterstock.com.) The City of ...
In October, Oracle HCM leaders told HR teams gathered at Oracle AI World that 2026 would be “the year of operationalizing AI.” Chris Leone, executive vice president of development for Oracle Cloud HCM ...
Get traffic data and keyword intel on competitors instantly. Oracle today announced more role-based AI agents for revenue teams using Oracle Fusion Cloud Applications. The new agents are embedded ...
Oracle’s remaining performance obligations surged to $523B. This represents roughly 8.5 times annual revenue. Oracle’s trailing free cash flow turned negative at $13B as capital expenditures soared ...
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