Just days after firing 30,000 employees globally, reportedly due to AI-driven cost-cutting, Oracle has appointed Hilary Maxson as its new Chief Financial Officer (CFO) with a massive pay day. While 12 ...

Oracle (ORCL) achieved organic total revenue and non-GAAP EPS growth of 20%+ in the same quarter for the first time in 15 years, with IaaS revenue surging 84% to $4.888B, but the company is now ...

Oracle's sweeping round of layoffs will also have a significant impact on its workforce in India After weeks of speculation, major Bay Area tech company Oracle announced mass layoffs and notified the ...

Oracle began laying off employees on Tuesday in what could be the largest workforce reduction in the company’s history. Workers in the United States, India, Canada, Mexico, and Uruguay received ...

Demand for cloud infrastructure is driving the highest growth in Oracle's revenue and adjusted earnings in 15 years. Oracle says new AI customers are adding additional services, creating a "halo ...

Oracle (ORCL) reported Q3 FY2026 IaaS cloud infrastructure revenue surging 84% year over year to $4.89 billion, with Remaining Performance Obligations hitting $553 billion, up 325% year over year.

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 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 ...

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Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort. The job reductions will affect divisions across the company ...