Oracle shares traded slightly lower on Wednesday after news that the company was laying off thousands of workers. The software giant recently said it is raising $50 billion for its data center ...

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Oracle Corporation delivered its strongest quarter in 15 years, with Q3 revenue up 22% YoY to $17.2 billion and cloud revenue comprising 52% of total sales. ORCL's multicloud database ...

Demand for cloud infrastructure is driving the highest growth in Oracle's revenue and adjusted earnings in 15 years. Oracle says new AI customers are adding additional services, creating a "halo ...

The Stocks: Oracle (ORCL) is aggressively pivoting to AI infrastructure through its Oracle Cloud Infrastructure (OCI) business and integrating real agents into its software workflow automation, ...

Oracle Corp (NYSE: ORCL) five-year credit default swaps remain elevated after surging past 160 basis points this year, their highest reading since the 2008 financial crisis. The company carries over ...

Oracle and OpenAI have scrapped plans to expand their flagship Stargate data centre in Abilene, Texas, after months of failed negotiations over financing and shifting demand. The collapse comes ...

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 ...

The past week has been a brutal one for many working in the tech and financial industries. Thousands of jobs have been lost—or will be lost soon—from companies including Block, Morgan Stanley, Capital ...

U.S. TikTok users were experiencing service disruptions Tuesday related to an Oracle Cloud Infrastructure issue. Something similar happened almost exactly a month ago. Reading time 2 minutes For the ...

Some TikTok users in the U.S. are having trouble using the app, which the company attributes to an issue with an Oracle data center. “Creators may temporarily experience lags in posting content while ...