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 ...

Reports Q1 revenue $14.93B, consensus $15.04B. “We signed four multi-billion-dollar contracts with three different customers in Q1,” said Oracle (ORCL) CEO, Safra Catz. “This resulted in RPO contract ...

OpenAI has signed a contract to purchase $300 billion in computing power over roughly five years from Oracle, among biggest in history, the Wall Street Journal reported on Wednesday.

Sept 10 (Reuters) - Oracle (ORCL.N), opens new tab shares surged about 43% to a record high on Wednesday, putting the company on track to join the elite trillion-dollar club and propelling co-founder ...

Oracle (ORCL) reported fiscal first quarter adjusted earnings of $1.47 per share, just shy of the $1.48 Bloomberg consensus estimate. Adjusted revenue was $14.93 billion versus an expected $15.03 ...

Oracle has initiated another round of global layoffs. The company is reportedly laying off thousands of employees across various regions. As reported by DataCenter Dynamics, an industry insider ...

Oracle is scheduled to report fiscal first-quarter earnings next week and analysts are heading into the print with lofty expectations.

Last week, it was reported that OpenAI is paying Broadcom $10bn to make custom AI chips. OpenAI has reportedly signed a $300bn contract with Oracle to purchase the company’s computing power over a ...

Larry Ellison has grown $200 billion richer this year thanks to Oracle's stock surge. Oracle shares soared 42% on Wednesday after the software giant projected big revenue growth. The one-day surge ...

Oracle shares surged about 43 percent to a record high on Wednesday, putting the company on track to join the elite trillion-dollar club and propelling co-founder Larry Ellison closer to the top of ...

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 ...