Oracle has decreased its workforce by tens of thousands in the past year while spending $70 billion to fund its AI expansion.

To say Oracle reported record results might be an understatement, as the company used the word "record" 20 times in its quarterly financial report. For its fiscal 2026 fourth quarter (ended May 31), ...

Oracle kept its fiscal year revenue guidance intact while raising its profit forecast. The company beat on earnings and revenue for the fiscal fourth quarter. Oracle said it plans to raise an ...

SINGAPORE – Sea’s Shopee is cutting hundreds of developer jobs globally, joining rivals across the world in slashing staff while they adopt AI in the workplace and develop new services based on the ...

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Oracle (NYSE: ORCL) stock is up a 45.5% over the past 52 weeks, but tumbled 6% through 9:45 a.m. ET Wednesday morning. One Wall Street analyst thinks this is the exact opposite of what should be ...

Last week, employees working at tech giant Oracle got the shock of their lives when they received a five-line email at 6 am. Just, "Today is your last working day." No HR call. No personal ...

Oracle (NYSE:ORCL | ORCL Price Prediction) has had a brutal run since its moment in the AI spotlight. But Jefferies analyst Brent Thill isn’t running away from it. He just reiterated his Buy rating on ...

March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, ...

Oracle and OpenAI have canceled plans to expand their flagship Abilene Stargate data center campus. The project is developed by Crusoe on Lancium's Clean Campus in Texas, and is the first Stargate ...