March 5 (Reuters) - Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported on Thursday.
Microsoft is a member of the "Magnificent Seven" group of stocks that has an outsize impact on the stock market due to its ...
With soaring AI investments, rising debt, and legal scrutiny swirling around Oracle, is the stock’s 2026 slide a golden buying opportunity or a red flag?
Analysts expect Oracle to report adjusted earnings per share of $1.71 for the quarter, representing year-over-year growth of ...
Oracle Corp., the American software company, will be building its world headquarters in Nashville. The company's move to Music City has been years in the making. In 2021, Metro Council members voted ...
Add Yahoo as a preferred source to see more of our stories on Google. Days after Oracle missed Q1 2023 revenue expectations and gave a downbeat rest-of-year outlook, sending its share price to suffer ...
Shares of Microsoft, Oracle and Salesforce are sliding as investors debate whether AI will disrupt or destroy software firms.
Oracle plans to license technology from Compaq Computer that will help the software company improve key features in its upcoming next-generation database. Oracle will tap Compaq's "clustering" ...
Oracle’s deal to purchase BEA Systems for $8.5 billion is the company’s 12th acquisition since January 2007. Here’s a look at each Oracle purchase and what it means. March 1: Oracle buys business ...
Oracle cofounder Larry Ellison has seen an unrivaled $49 billion wiped off his net worth this year. His fortune shrank by about $9 billion to below $200 billion on Wednesday as Oracle stock slid 5%.
Oracle’s executive vice president of product development, Charles Rozwat, is taking a one-year leave of absence, and his responsibilities will be assumed by Thomas Kurian, currently senior vice ...
Oracle executives said Monday they have seen no signs of the economy recovering and predicted that last week's terrorist attacks will further hurt software sales. Before last week's tragedy, Oracle ...
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