Discover how Oracle's earnings report could influence its full-year 2026 guidance and long-term growth strategy. Read more here.
Today’s Forbes Daily newsletter also covers social media for AI agents, Trump’s $6.5 Billion fortune, IPO uncertainty for 2026, FDA warns Novo Nordisk and more.
Oracle's overall revenue increased 22% year over year in the fiscal third quarter, which ended on Feb. 28, according to a statement. Net income rose to $3.72 billion, or $1.27 a share, from $2.94 ...
DIA announced the launch of its new oracle, Value, as a tool built specifically to eliminate oracle-based issues. As such, instead of depending on last-trade prices like traditional oracles, Value ...
The OpenAI deal fallout exposes the fundamental danger of being the most leveraged player in a market where the chip cycle moves faster than the concrete dries.
Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people ...
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.
The market continues to stress the company's exposure to OpenAI, not least as Oracle's debt continues to balloon while its ...
Oracle Corp (NASDAQ: ORCL) shares are trading lower Wednesday morning after initially surging in early trading after the Centers for Medicare & Medicaid Services (CMS) selected Oracle Cloud ...
Oracle is actively promoting its AI data center progress and job creation efforts amidst significant investor concerns. The company's massive $300 billion OpenAI cloud contract, signed in September ...
Oracle faces massive job cuts, potentially 20,000-30,000, to fund its costly $300 billion OpenAI partnership. The tech giant has already spent $58 billion on data centers and is struggling with rising ...
The likelihood that Nvidia NVDA-0.55%decrease; red down pointing triangle will be investing far less than $100 billion in OpenAI raises big questions for Oracle ORCL 0.63%increase; green up pointing ...