Clair Todd has been struggling to find work since being laid off by Oracle in 2023.She's reselling antiques to try to replace her former six-figure income and make debt payments.She said her job ...
Oracle might have an OpenAI problem. Oracle (ORCL) stock has tumbled over 40% from its September peak, erasing more than $360 billion from its market capitalization. Nearly $67 billion of that decline ...
Oracle Corp. reported a significant increase in remaining performance obligations (RPO), up 438% in US dollar terms, in the latest financial results announcement. The surge highlights Oracle's rapid ...
Oracle (ORCL) stock fell nearly 11% Thursday after the tech firm's quarterly AI costs rose ahead of Wall Street's expectations and revenue fell short. Oracle reported capital expenditures of $12 ...
Oracle's cloud revenue growth may be cooling Oracle's adjusted profit boosted by $2.7 billion Ampere sale Oracle's future contracts rise 14.94% to $523 billion Shares fall 10% in extended trading Dec ...
Oracle's stock has plunged since hitting an all-time high in September as the company has become a poster child for growing investor concerns that an AI bubble has formed. The company is enmeshed in ...
AI hype has been very lucrative for Oracle ORCL-1.53%decrease; red down pointing triangle. AI fatigue could prove painful. Oracle significantly raised its long-term financial targets on Thursday ...
Oracle Corporation’s Q1 FY 2026 saw a 359% surge in cloud backlog in Remaining Performance Obligations, reaching $455 billion, signaling explosive demand for its AI-driven cloud infrastructure ...
While Oracle's latest quarterly results narrowly missed expectations, the company saw a big surge in contract signings in the period. The company expects its cloud infrastructure revenue to increase ...
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 ...
What fueled the stock surge was Oracle's aggressive growth outlook tied to AI and cloud demand. "MultiCloud database revenue from Amazon, Google and Microsoft grew at the incredible rate of 1,529% in ...