(Bloomberg) — 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 ...
Oracle Corp. has begun laying the groundwork to start construction on its new headquarters campus in Nashville. The tech giant has been planning its Nashville hub since at least 2021, when the project ...
Oracle stock (NYSE: ORCL) has dropped approximately 30% in a month, wiping out billions in market capitalization and erasing substantial prior gains. This sharp decline aligns with past patterns, ...
American technology company Oracle was founded over 50 years ago and it has remained relatively quiet since the artificial intelligence (AI) bubble inflated and took off in 2022. That was until a ...
In April 2009, Oracle Corp. made what at the time looked like a bad deal. Or at least that was the conventional wisdom. It announced that it was buying Sun Microsystems Inc. for $7.4 billion, or $5.6 ...
Oracle’s meteoric rise continues to defy expectations. With a 36% surge following its latest earnings and a cumulative 3x gain since early 2023, the enterprise software giant is rewriting the playbook ...
Sept 10 (Reuters) - Oracle (ORCL.N), opens new tab shares surged about 43% to a record high on Wednesday, putting the company on track to join the elite trillion-dollar club and propelling co-founder ...
The funding covers more than half of the A.I. data centers that OpenAI plans to build in the U.S. over the next several years. By Cade Metz Reporting from San Francisco OpenAI has signed a deal with ...
Oracle reported results that exceeded estimates for the previous quarter. CEO Safra Catz said cloud infrastructure revenue will increase more than 70% in the 2026 fiscal year, up from 50% growth in ...
A new study estimates that Oracle became the leading provider of ERP applications in 2024, stealing a position that SAP had held since the early 1980s. According to calculations by analysts from “Apps ...
Oracle on Tuesday announced a brand-new electronic health record, or EHR, that features fresh cloud and artificial intelligence capabilities. The new EHR is Oracle's most significant health-care ...