In yet another wave of layoffs, Oracle is reportedly planning to cut around 30,000 jobs. According to the reports, the company might also sell its healthcare software, Cerner to fund in-house AI ...

Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure.

Oracle's (NYSE:ORCL) internal documents showed that the fast-growing cloud business has thin gross profit margins in the past year or so, lower than what many equity analysts have forecast, The ...

Oracle is looking to raise between $45 billion and $50 billion in the year 2026, in an effort to build additional capacity for its cloud infrastructure investment plan. Here's how the tech giant plans ...

Oracle has said it plans to raise between $45-50 billion in debt and equity in 2026 to help fund the expansion of its cloud computing business. As reported by The Information, Oracle will use the ...

Overview Oracle shares fell nearly 1% as reports of large job cuts worried investors.Funding stress around AI data centres raised doubts over Oracle’s expansion ...

Oracle's stock soared after a report of a cloud contract with OpenAI and an optimistic forecast for its AI-driven cloud infrastructure. The company projects aggressive eight-fold growth in cloud ...

Oracle stock climbed 36% after the company reported gobsmacking cloud demand numbers. The cloud giant is on pace for its best day since 1992, and is now quickly approaching the $1 trillion market cap ...

Technology giant Oracle Corporation (NYSE: ORCL) could serve as a bellwether for multiple sectors like big tech, AI, and cloud when the company reports second-quarter financial results on Wednesday ...

Oracle expects its cloud infrastructure business to create $166 billion in revenue by fiscal year 2030, accounting for nearly three-quarters of its total sales, the company says. Reuters reported that ...