As was widely reported, Oracle axed an estimated 20,000 to 30,000 people via email on March 31. One of the employees cut that day told TechCrunch about the experience: “I had, like, this weird feeling ...

Sell ORCL. The thesis is that Oracle’s AI capex is a concentrated, timing-dependent bet on OpenAI, and the WSJ report signals OpenAI growth/revenue is slipping and may strain computing contract ...

Bluefin Research reports Oracle just canceled a $1 billion-plus order for Super Micro servers. Super Micro is embroiled in allegations its co-founder illegally shipped AI servers to China. Bluefin ...

A former Oracle employee accused the tech giant of targeting workers “with outstanding stock options” in a recent round of layoffs — as the company reportedly offered its new chief financial officer a ...

In 2021, Oracle was granted a major economic development deal to build a Nashville tech campus. Publicly disclosed design details and development timelines have been scarce in the years since the deal ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Oracle Fired 30,000 People by Email. The Same Quarter, It Posted Record Revenue and a $553 ...

March 31 (Reuters) - Cloud computing firm Oracle (ORCL.N), opens new tab is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter. Late on Tuesday, ...

Oracle (ORCL) on Sunday said it expects to raise $45B to $50B in 2026 to build additional capacity for its cloud infrastructure business. Shares in the software company rebounded to gain 4% after ...

In its fiscal second quarter, which ended Nov. 30, its total RPOs soared 438% year over year to $523 billion. That was also a 15% jump sequentially from $455 billion in fiscal Q1. Within that RPO ...