Discover how Oracle's earnings report could influence its full-year 2026 guidance and long-term growth strategy. Read more here.
Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...
Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people ...
Amid growing reports of a rift between OpenAI and Nvidia, cloud provider Oracle has sought to reassure investors of its strategic independence but without much success. Oracle’s stocks took a tumble ...
Oracle Financial Services is transforming banking with an enterprise-class suite of AI-infused applications, design tools, frameworks and pre-built AI agents. According to Oracle, with these ...
According to a report by CIO, citing investment bank TD Cowen, Oracle is considering cutting between 20,000 and 30,000 jobs and may also look at selling parts of its business, including Cerner, the ...
Oracle is facing increasing scrutiny from investors over how it plans to finance its AI infrastructure build-out, with one report suggesting that the cloud provider might consider mass layoffs as cost ...
Simply sign up to the Capital markets myFT Digest -- delivered directly to your inbox. Investors piled into Oracle’s latest $25bn bond offering on Monday after the software company pledged to preserve ...
Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...
Billings Clinic-Logan Health, Children's Hospital Los Angeles, and Regency Integrated Health Services move business applications to the cloud "Healthcare organizations face fluctuating patient demand, ...
Did people complain – and by people, we mean Wall Street – as the world’s largest bookseller invested huge amounts of money to transform itself into an alternative to driving to Wal-Mart? Or, better ...
As Indian enterprises accelerate their shift from cloud adoption to AI-led optimisation, Oracle’s applications business is witnessing strong momentum across key sectors such as BFSI, healthcare, ...