Oracle Corporation is re-rated as a Strong Buy after a 30% price correction, with a $330 price target for 12 months. ORCL's Q4 showed 21% revenue growth and 47% cloud revenue growth, but heavy AI ...
The notorious cybercrime group ShinyHunters claimed to have hacked Oracle PeopleSoft servers at more than 100 organizations, many of them universities, a ShinyHunters member told TechCrunch on ...
Oracle is joining a growing wave of tech companies cutting jobs as they pour billions into artificial intelligence. This morning, the company began implementing sweeping layoffs across multiple ...
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 Corp. is planning to ax thousands of jobs, among its moves to handle a cash crunch from a massive AI data center expansion effort. The job reductions will affect divisions across the company ...
Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...
Oracle's shares plunged over 11% after missing revenue targets, reigniting investor worries about its massive cloud expansion and the OpenAI deal. Despite solid earnings, the company has lost over ...
NASHVILLE, Tenn. (WTVF) — Oracle's massive Nashville campus on the East Bank is finally approaching the construction phase, four years after the tech giant first announced plans to build in Music City ...
Oracle yesterday announced more than a dozen AI agents that will be available as part of its Fusion HCM application, complementing the twelve already announced earlier this year, along with many ...
A series of big events today, on what had been expected to be fairly mild in actionable market news, actually kicked off late yesterday with news that Amsterdam-based GPU creator Nebius NBIS is ...
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