Oracle laid off 30,000 works by email at 6 AM. The same quarter, it posted record revenue and a $553 billion backlog.

Oracle is cutting staff as the company seeks to curb cost while it invest in AI infrastructure.

Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.

Financial analysts at Barclays point out that the layoffs at Oracle will help offset the massive debt that the company is ...

Oracle is increasingly well positioned to benefit from AI through its infrastructure software segment and by embedding AI into its applications. Oracle’s leverage adds risk to the investment thesis.

Oracle cuts thousands of jobs as investor concerns grow over its $500 billion AI data center push, raising questions about ...

Oracle’s revenue has been soaring during the AI boom. The company, a database management specialist, has greatly expanded and become a significant cloud player. You might know Oracle best for its ...

Shares of Oracle rose by 2.5% as of noon Tuesday, marking positive traction for the stock that has declined more than 27% ...

The initial wave of a massive bloodbath at Oracle has begun to show up in public filings — with 700 workers expected to lose ...

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 recently announced 22 new agentic apps. But what does this news mean for customers - and how should enterprises ...

"AI is helping so much that we don't need people," is the go-to narrative. But did Oracle convince investors? Reading time 3 minutes In a third-quarter earnings report on Tuesday, tech giant Oracle ...