Oracle (ORCL) stock rocketed higher after the company beat Wall Street's expectations on the top and bottom lines for its Q3 earnings on Tuesday and raised its 2027 revenue guidance to $90 billion.

Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data centre expansion effort. Oracle Chairman Larry Ellison. Last month, Oracle said that it ...

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Oracle and OpenAI have canceled plans to expand a flagship ...

Enterprise software giant Oracle is reportedly planning to ax thousands of jobs due to mounting financial pressure from its aggressive push to build AI-focused data centers. The tech powerhouse may ...

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 ...

Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...

Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...

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, ...

Investing.com -- Oracle Corporation (NYSE:ORCL) shares fell 1% in Friday’s final trading hour after Bloomberg reported the company and OpenAI ended plans to expand their Texas data center site. Unlock ...

San Francisco – Oracle is planning to axe thousands of jobs, among its moves to handle a cash crunch from a massive AI data centre expansion effort. The job reductions will affect divisions across the ...

An Austin-based software giant has set aside billions for restructuring, raising concerns about potential job cuts as the company ramps up spending on artificial intelligence tools and data center ...

“Data is the lifeblood of any business, and the cloud is the best way to analyze it so that insights become actionable,” said Magesh Bagavathi, Senior Vice President and Global Chief Technology ...