Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data center projects.
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Earnings call Oracle delivered record Q4 and FY26 results, with Q4 revenue up 21% YoY to $19.2B and cloud infrastructure revenue surging 93%. Management reaffirmed long-term targets and guided for ...
Thank you, Lisa, and good afternoon, everyone. Welcome to Oracle's Fourth Quarter and Fiscal Year 2026 Earnings Conference Call. On the call today are our Chief Executive Officer, Mike Sicilia; Chief ...
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21,000 jobs gone in a year: Oracle becomes the latest tech giant to cut workers due to AI adoption
The headlines about major tech giants announcing massive layoffs due to AI are alarming. Earlier this month, GitLab let 350 of its workers go in an effort to continue funding its AI infrastructure and ...
Crushing ice for a frozen cocktail? Reach for a full-sized blender. Need a quick smoothie for your morning commute? Break out your personal-sized blender, then hit the road with its on-the-go jar. But ...
On Wednesday, Oracle (NYSE:ORCL) discussed fourth-quarter financial results during its earnings call. The full transcript is provided below. This transcript is brought to you by Benzinga APIs. For ...
One of the world’s most active ransomware groups exploited a critical vulnerability in Oracle’s PeopleSoft software suite and used it to target about 100 customers and extort at least one of them to ...
Kristina Zucchi is an investment analyst and financial writer with 15+ years of experience managing portfolios and conducting equity research. Cierra Murry is an expert in banking, credit cards, ...
Modern businesses run on data. Companies regularly capture, store and analyze large amounts of quantitative and qualitative data on consumer behavior, to which they can apply predictive analytics to ...
In The City's Danielle Olivera opened up about her plans for the future with boyfriend Eoin Heavey amid welcoming their first baby. Danielle spoke with Bravo Insider earlier this month (just before ...
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