Oracle (ORCL) stock just had the kind of day that spooks shareholders. Shares of the database and cloud giant tumbled about 9.6% on Friday, June 5, closing at $213.68 after opening near $229. That ...

Oracle (ORCL) stock just had the kind of day that spooks shareholders. Shares of the database and cloud giant tumbled about 9.6% on Friday, June 5, closing at $213.68 after opening near $229. That ...

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Oracle has decreased its workforce by tens of thousands in the past year while spending $70 billion to fund its AI expansion. Oracle is spending big on artificial intelligence—to the tune of $70 ...

Oracle’s stock fell on Monday after the company disclosed that it cut about 21,000 jobs, or 13% of its workforce, in fiscal ...

Part of the market's concern seems to center on what all of this growth costs. Oracle said it plans to raise about $40 billion in fiscal 2027 to help fund its artificial intelligence (AI) data center ...

June 11 (Reuters) - Oracle shares tumbled 12% on Thursday as surging spending and a ballooning debt load fanned investor concerns about the cash burn in the company's push to build out AI ...

Known for decades as a provider of enterprise software and database solutions, Oracle has recently pivoted to become an infrastructure provider for AI companies, specifically OpenAI. Its cloud ...

Stonebraker essentially abandoned Postgres in the mid-1990s. But instead of fading into obscurity, the codebase was salvaged ...

June 10 : Oracle on Wednesday forecast capital spending plans for fiscal 2027 above Wall Street estimates, as the cloud computing company said it will also raise more debt in 2027, reflecting the ...

WASHINGTON, June 10 : President Donald Trump's administration has awarded Oracle a contract to provide a U.S. government-wide HR platform, according to a statement, making the company a partner in its ...