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 ...

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 ...

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 ...

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 ...

Shares of software company Oracle Corporation (NYSE:ORCL) hit new all-time highs on Wednesday after the company reported first-quarter financial results and future guidance. Here's a look back at how ...

Oracle Corp. share price surged more than 28% in extended trading after the company reported a sharp rise in bookings and issued a strong growth outlook for its cloud infrastructure business. Oracle ...

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 ...

AS THAT STORM GETS CLOSER. NOW TO OUR BREAKING NEWS FROM ONE OF KANSAS CITY’S TOP EMPLOYERS. ORACLE IS LAYING OFF MORE PEOPLE. KMBC NINE INVESTIGATES HAS CONFIRMED MULTIPLE LAYOFFS AT ORACLE TODAY, ...

In a series of posts on X, Cramer expressed astonishment at the market’s reaction and Oracle’s business pipeline. “Trying to figure out how much of that backlog for Oracle is Stargate because I don't ...

Oracle sent its shares soaring after markets closed yesterday after reporting that it signed multiple multi-billion-dollar contracts with several customers. Now, we have an idea of who those customers ...

Oracle projects cloud infrastructure revenue will explode from $10 billion to $144 billion by 2030, outpacing AWS and Azure at comparable stages. The company's $455 billion backlog and ...