Oracle's latest results have improved investor confidence as it continues to sign more deals for its AI infrastructure. Oracle has adopted a smart strategy of funding data center expansion efforts ...

Oracle has surprised the Wall Street on March 10 by reporting its best fiscal quarter in 15 years. Revenue for the third quarter of fiscal; 2026 has increased 22% to $17.2 billion, while the cloud ...

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 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 ...

Enterprise software giant Oracle (NYSE:ORCL) will be reporting earnings this Tuesday afternoon. Here’s what investors should know. Oracle missed analysts’ revenue expectations last quarter, reporting ...

Investing.com -- Oracle Corporation (NYSE:ORCL) pushed back against recent media reports about its flagship Abilene, Texas AI data center, stating that the facility remains on track and that the ...

Oracle is reportedly planning significant job cuts, potentially thousands, to manage a growing cash crunch fueled by its massive AI data center expansion. This restructuring, costing over $1.6 billion ...

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...

Job cuts have continued to sweep through the global technology sector as companies adjust to a rapidly changing industry shaped by artificial intelligence. After a tough year that saw more than ...

(KRON) — Oracle is reportedly gearing up to cut thousands of jobs in order to fund AI data centers. According to a widely cited report in Bloomberg, the tech giant is facing a cash crunch as it looks ...

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 ...

March 5 (Reuters) - Enterprise software company Oracle is ⁠planning ⁠thousands of job cuts as ⁠it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported on ...