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The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...
Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data center projects.
Other takeaways from the filing, the company's guidance and a prospectus on its capital needs suggest that Oracle's capex ...
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Oracle has decreased its workforce by tens of thousands in the past year while spending $70 billion to fund its AI expansion. Oracle is spending big on artificial intelligence—to the tune of $70 ...
Oracle shed 13% of its workforce while spending $55.7 billion on data centres. Its SEC filing explicitly cites AI adoption as the cause of job losses.
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Oracle (ORCL) will report its fourth quarter earnings after the bell on Wednesday, amid recent AI trade fluctuations and as ...
Instead, investors seem focused on the bill. Oracle's capital expenditures hit $55.7 billion in fiscal 2026 -- above the $50 billion management forecast in March -- and free cash flow came in at ...
Compare the best free Microsoft Excel alternatives for 2026, including features, pricing, pros and cons, and use cases for each spreadsheet tool. The kinds of features you need from your spreadsheet ...