Oracle has reduced its workforce by nearly 21,000 employees during fiscal 2026, even as the technology giant doubles down on ...
For many years, Amazon's (NASDAQ: AMZN) main breadwinner hasn't been e-commerce but rather its pioneering work in cloud computing, the Amazon Web Services (AWS) segment. But after more than a decade ...
Oracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans and rising debt concerns. The companys massive capital raise ...
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Oracle’s stock surges toward its best day since 1999. These huge numbers explain why.
Oracle Corp. fell short of expectations with its latest revenue and earnings Tuesday, but that didn’t matter to Wall Street in light of the big numbers the company revealed about its future. Oracle ...
Oracle (NYSE: ORCL) is no longer a stodgy database and data management software company. Aggressive investments in Oracle Cloud Infrastructure (OCI) have made the cloud Oracle's main growth driver.
Amazon reported Q1 2023 earnings back in April, so let's get a quick refresh on the AWS outlook. Revenue from the cloud giant was up 16% year over year to $21.4 billion, half the growth rate being ...
While the latest earnings and revenue numbers come up short, Oracle impresses with its talk of new multibillion-dollar deals and big cloud projections Oracle's stock soared in after-hours trading on ...
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