Oracle has initiated a new wave of global layoffs, impacting thousands of employees across the US, India, Philippines, Canada, and Europe. The cuts extend beyond Oracle Cloud Infrastructure to include ...
Oracle India employees are experiencing heightened anxiety due to recent layoffs, particularly within the Oracle Cloud Infrastructure (OCI) division. Affected employees report abrupt terminations via ...
Oracle's stock surged 36% after reporting record future revenue obligations. Jefferies sees more upside, lifting its stock price target to $360 on cloud and AI growth. Analysts point to Oracle's ...
Oracle’s ORCL remaining performance obligations for the first quarter increased 359% to $455 billion, primarily due to expanding relationships with large language model providers. Management also ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free here. The catalyst wasn’t a flashy product rollout or a surprise earnings beat — in ...
Sept 9 (Reuters) - (This Sept 9 story has been corrected to say that Oracle's shares have risen 45% so far this year, not more than 107%, in paragraph 4) Oracle (ORCL.N), opens new tab said on Tuesday ...
Shares in Oracle gained 36% yesterday (10 September) following a blowout earnings report that revealed a huge partnership with ChatGPT-maker OpenAI. Track all markets on TradingView Oracle’s latest ...
Oracle's stock surge has pushed co-founder Larry Ellison's net worth higher by tens of billions of dollars the last two days and puts him ahead of Tesla CEO Elon Musk as the richest person in the ...
Oracle Corp. missed Wall Street’s expectations as it delivered its latest financial results today, but nobody cared because it said it’s anticipating future revenue growth that’s far in excess of the ...