Oracle noted that construction of data centers may end up costing more or taking longer than expected. This could occur ...
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...
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Oracle shed 13% of its workforce while spending $55.7 billion on data centres. Its SEC filing explicitly cites AI adoption as the cause of job losses.
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Shares of Oracle (ORCL) slumped about 12% on Thursday, the most since December 2025, after fiscal fourth-quarter results, as analysts highlighted investor concerns over gross margin pressure and ...
Oracle kept its fiscal year revenue guidance intact while raising its profit forecast. The company beat on earnings and revenue for the fiscal fourth quarter. Oracle said it plans to raise an ...
Oracle's stock slid despite an earnings and revenue beat. The company said it plans to raise $40 billion through debt and equity financing, including a $20 billion share sale it announced earlier. For ...
Oracle Corp (NYSE:ORCL, XETRA:ORC) reported better-than-expected fourth-quarter results on Wednesday, driven by surging demand for artificial intelligence infrastructure. However, its plans to raise ...
Instead, investors seem focused on the bill. Oracle's capital expenditures hit $55.7 billion in fiscal 2026 -- above the $50 billion management forecast in March -- and free cash flow came in at ...
Sen. Richard Blumenthal, D-Conn., talks with Sen. Elizabeth Warren, D-Mass., before the start of a Senate Armed Services Committee hearing on Oct. 19, 2017, in Washington, D.C. (Photo by Drew ...