Cloud computing firm Oracle is laying off thousands of employees, CNBC reported on Tuesday, ​citing two people familiar with ...

Several workers at the Texas-based tech giant expressed the shock of being part of the downsizing on the social media ...

Oracle started laying off employees on Tuesday to drive down costs to support its artificial intelligence infrastructure ...

Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.

The Oracle Cloud Infrastructure appears to have more in common with datacentre hosting than with public ...

Oracle Corporation delivered its strongest quarter in 15 years, with Q3 revenue up 22% YoY to $17.2 billion and cloud revenue ...

Oracle (ORCL) shares jumped 10% today after dropping 60% from September highs above $345. Oracle plans to raise $45B to $50B this year through debt and equity to fund cloud infrastructure expansion.

As the technology selloff deepens, Oracle’s stock has been hit by a double whammy of generalized software concerns and jitters around the company’s own artificial-intelligence spending. Back To Top ...

Hammered by the general software selloff and AI debt concerns, shares of Oracle have shed 25% over eight trading sessions Oracle issued $25 billion of corporate bonds on Monday as part of its 2026 ...

Oracle is raising up to US$50bn from investors, as the beleaguered cloud computing provider seeks to address growing concerns over the gargantuan amounts of debt it is taking on to fulfil commitments ...

Newark, Del.-based ChristianaCare and Oracle Health have been sued over a data breach involving the EHR vendor’s legacy Cerner systems. “We do not comment on pending litigation,” a ChristianaCare ...

Over the past few months, investors have been treating Oracle’s stock with caution. Reflecting fears of ballooning capital expenditures and the risk Oracle could lose its investment-grade credit ...