Shares of Oracle and Bloom Energy popped after the companies reached a deal for more AI data center capacity. The software giant gained for a second day, as other names in the sector also briefly ...
Oracle's long-term debt increased roughly 66% since the start of 2025. The company is leaning into artificial intelligence, and so far, that bet is paying off. Artificial intelligence (AI) is the ...
Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...
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Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs. The company's stock has dropped nearly 30% this year as AI ...
Oracle's fiscal third-quarter revenue jumped 22% year over year, fueled by an 84% surge in cloud infrastructure sales. The company's remaining performance obligations (RPO) skyrocketed 325% to a ...
Bengaluru: The dreaded 6 am emails from Oracle leadership, along with the sudden revocation of VPN and Slack access, have come to define the ongoing layoffs in India. An estimated 10,000–12,000 ...
Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min As part of a nationwide wave of ...
Shares of enterprise software giant Oracle (NYSE:ORCL) jumped 5% in the afternoon session after the company initiated layoffs as part of a strategic shift to focus on artificial intelligence and cloud ...
Oracle has started laying off thousands of employees, according to a CNBC report. This decision reportedly stemmed from the software maker’s aggressive push to increase spending on artificial ...
Pamela Price learned via email that she was affected by Oracle's recent mass layoffs. The layoff shocked her — but she leaned on three career lessons to quickly pivot. She says the experience revealed ...
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