While tech leaders such as Elon Musk, Tim Cook, Kelly Ortberg, and Jensen Huang joined Trump on his recent trip to China, and executives like Mark Zuckerberg and Alexis Ohanian attended his 80th ...

Cloud computing giant Oracle has laid off hundreds of Seattle workers since last year, part of sweeping cuts to the company’s workforce. Oracle says artificial intelligence is to blame. The Austin, ...

Oracle is spending big on artificial intelligence—to the tune of $70 billion this year alone—in order to build data centers and AI-capable servers. But that AI expansion hasn’t come without a human ...

It has now been more than nine months since Oracle's report for the first quarter of fiscal 2026 (ended Aug. 31, 2025). At the time, its remaining performance obligation (backlog) in fiscal Q1 had ...

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The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday. In its annual regulatory filing for the fiscal year ...

Oracle reduced its workforce by 13% over the past 12 months and cited AI deployment in an annual filing on Monday. The company currently employs 141,000 full-time workers, down from 162,000 the ...

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Oracle Corporation reported increased revenue of 21% year-over-year (YOY) for its fiscal fourth quarter, but it wasn’t enough to please stockholders. The company’s shares (NYSE: ORCL) dropped over 10% ...

Oracle’s earnings had an opportunity to turn around the market’s malaise with tech stocks. Instead, it announced it would raise more money, adding to worries.

Oracle plans to raise nearly $40 billion in debt and equity in 2027 Capital spending for 2026 reached $55.66 billion, surpassing Oracle's $50 billion target Analysts highlight investor concerns over ...

Follow this author to personalize your feed and get instant alerts. WHY FOLLOW? Update your preferences in Account Settings Correspondent Oracle chairman and CTO Larry Ellison at the White House in ...