Oracle on Monday announced it hired a new chief financial officer after the software giant moved forward with layoffs last week. The company announced that Hilary Maxson will serve as the new CFO, ...

This is read by an automated voice. Please report any issues or inconsistencies here. Software giant Oracle on Tuesday started laying off workers as it looks to rein in costs and double down on ...

Oracle began layoffs on Tuesday, affecting workers across various regions. Affected Oracle employees received layoff notifications that signaled immediate job termination. Laid-off Oracle staff were ...

Oracle laid off some employees on Tuesday, according to two employees and LinkedIn posts. The cuts come as Oracle is trying to cut costs. The company's stock has dropped nearly 30% this year as AI ...

Chris is a Senior News Writer for Collider. He can be found in an IMAX screen, with his eyes watering and his ears bleeding for his own pleasure. He joined the news team in 2022 and accidentally fell ...

Oracle is increasingly well positioned to benefit from AI through its infrastructure software segment and by embedding AI into its applications. Oracle’s leverage adds risk to the investment thesis.

Much like its peers in the tech industry, Oracle is pouring money into AI infrastructure. In a bid to compete with companies like Amazon and Microsoft, the tech giant inked a lucrative $300 billion ...

Oracle's third-quarter cloud infrastructure revenue surged 84% year over year, accelerating significantly. The software giant's remaining performance obligations climbed to a staggering $553 billion.

Oracle surpassed estimates for the quarter, and lifted its guidance for fiscal 2027 revenue. During the quarter, Oracle announced plans to raise $45 billion to $50 billion in the fiscal year to expand ...

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 ...

Kara Greenberg is a senior news editor for Investopedia, where she does work writing, editing, and assigning daily markets and investing news. Prior to joining Investopedia, Kara was a researcher and ...