Oracle Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data centre expansion effort. Oracle Chairman Larry Ellison. Last month, Oracle said that it ...

Oracle's AI data center strategy boosts revenue forecast to $90 billion by 2027 RPO grows 325% YoY to $553 billion in Q3, surpassing estimates Oracle's cloud margins expected to improve with database ...

Oracle has surprised the Wall Street on March 10 by reporting its best fiscal quarter in 15 years. Revenue for the third quarter of fiscal; 2026 has increased 22% to $17.2 billion, while the cloud ...

Oracle Corporation (NYSE:ORCL) is one of the Best Technology Stocks to Buy for the Long Term. On March 6, Reuters reported that Oracle Corporation (NYSE:ORCL) and OpenAI have abandoned plans to expand ...

Oracle's massive capital expenditures have taken a sledgehammer to its free cash flow. Upfront customer payments and efficiency improvements should slow the rate of cash burn. But it comes at a steep ...

Oracle and OpenAI shelved data center expansion plans after negotiations stalled over financing terms and OpenAI’s evolving compute requirements, though the core agreement remains intact. Are you ...

March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, ...

Oracle proved most analysts wrong as the company posted strong quarterly results. The company's Q3 FY2026 results surpassed both earnings and revenue expectations. The results help to allay investor ...

The investment details emerged in Oracle's quarterly filing for the period ending Feb. 28, where the company reported roughly $2.2 billion in "non-marketable debt investments and equity securities." ...

Investor Michael Burry, in a post on X on Tuesday, claimed that OpenAI backed out of a major data centre arrangement with Oracle because it preferred a different generation of chips from Nvidia.

Proposed data center projects in Yorkville have continued to generate significant backlash among nearby residents.

Iran has listed a number of major U.S. tech companies as potential targets as it expands its attacks across the Middle East in retaliation for the ongoing U.S. and Israeli attacks on its military and ...