Oracle landed more contracts and guided for massive growth in its upcoming fiscal year. The company understands that its cash burn is unsustainable. Oracle’s balance sheet has gone from bad to worse.
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, ...
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 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 ...
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 ...
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 ...
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Oracle and OpenAI have canceled plans to expand a flagship ...
Oracle (ORCL) has plans to reduce its workforce by thousands of employees due in part to its immense spending on expanding data center capacity for artificial intelligence, according to Bloomberg. The ...
Oracle is losing several leaders in its health records division, Bloomberg reported March 2. According to Bloomberg, each executive previously worked in Oracle’s cloud infrastructure division before ...
Oracle stock appears to be trading as a proxy for the market's view on OpenAI's ability to raise funds. The market needs clarity on OpenAI's funding and Oracle's ability to meet its AI spending ...
Oracle's Remaining Performance Obligations surged 438% to $523 billion, driven by massive AI cloud contracts. The company plans to raise $45-$50 billion in 2026 to fund AI infrastructure. Oracle ...
The likelihood that Nvidia NVDA3.52%increase; green up pointing triangle will be investing far less than $100 billion in OpenAI raises big questions for Oracle ORCL 2.91%increase; green up pointing ...