Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital ...
Oracle Corporation is rated a Hold due to the balance in opportunities and risks, operationally and financially. Read more on ...
Oracle carried out layoffs in March. A new filing shows how much smaller the workforce is compared to this time last year.
The job cuts made headlines. But the bigger story is what's funding them.
Other takeaways from the filing, the company's guidance and a prospectus on its capital needs suggest that Oracle's capex ...
A federal judge ruled June 22 that a data breach lawsuit against Oracle Health and eight health systems can move forward, denying most of the defendants’ attempts to dismiss the consolidated case. U.S ...
Oracle cut about 21,000 jobs in fiscal 2026 as it restructures around AI and cloud infrastructure, raising questions for ...
Oracle shed 13% of its workforce while spending $55.7 billion on data centres. Its SEC filing explicitly cites AI adoption as the cause of job losses.
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
Oracle cut 21,000 employees in fiscal 2026, reducing its workforce 13% to 141,000, with $1.8B in restructuring costs and AI cited as a direct driver.
CNBC is live from the site of OpenAI's Stargate Michigan data center project. OpenAI and Oracle held an official groundbreaking for the $16 billion Stargate campus in Saline Township, Michigan, on ...