Oracle shed 13% of its workforce while spending $55.7 billion on data centres. Its SEC filing explicitly cites AI adoption as the cause of job losses.

The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange ...

Oracle’s fourth-quarter earnings call will deliver critical updates about the progress of its data-center build-out and the financial impact of its AI pivot.

Oracle is set to report earnings Wednesday afternoon, with the cloud computing giant's stock seen making a big swing after the results.

William Blair adds Oracle, ServiceTitan, Everpure and Dynatrace to its Conviction List—AI cloud buildout, durable growth and ...

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

The job cuts made headlines. But the bigger story is what's funding them.

Other takeaways from the filing, the company's guidance and a prospectus on its capital needs suggest that Oracle's capex ...

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 staggering ...

Atlantic City, N.J.-based AtlantiCare has launched wave 4 of its Oracle transformation initiative, dubbed “Vision 2030.” The initiative involves large-scale implementation of Oracle Health products.

Polymarket has built an entire business on predicting the future. So how did it manage to spectacularly fail to predict its own hack? Plus, the Google engineer with a million-dollar ...

Dragged down by losses for shares of Caterpillar and Honeywell, the Dow Jones Industrial Average is seeing a selloff Wednesday morning. The Dow was most recently trading 663 points (1.3%) lower, as ...