Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...
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Oracle stock popped as the company reported strong fiscal third-quarter earnings and reassured investors about its AI cloud computing plans. CEO Clayton Magouyrk touted Oracle's ...
Last week saw Oracle (ORCL) shares gain while rival neoclouds CoreWeave (CRWV) and Applied Digital (APLD) lost ground. Expect shares to be under pressure on Monday, as the broader market looks poised ...
Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...
Oracle's shares fell more than 15% last year, with its December results showing about $10 billion in cash burn for the first half of the fiscal year Enterprise software company Oracle is planning ...
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A Maryland developer has halted plans to build a 300-megawatt data center near Apex following months of resident pushback. On Thursday, Natelli Investments announced it would withdraw applications to ...
Oracle's competitors can leverage their cash flow to outspend the company. Oracle may be undercutting its peers to win mega-scale cloud contracts. The company's roadmap is heavily dependent on OpenAI ...
Ryan Sanders, a partner with Atlanta-based Beltline Energy company, watches on Wednesday, Feb. 25, 2026, as a roomful of Pacific residents angrily react to his announcement that he has not yet ...
Oracle ORCL shares rose more than 10% on Feb. 9, posting its biggest daily gain since last September, after a sell-side competitor issued a more favorable rating. Despite the rally, Oracle stock was ...