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 is reportedly weighing cuts of up to 30,000 employees to fund AI data center expansion. Here's what HR leaders need to watch.

Tire giant Michelin has confirmed a data breach stemming from the Oracle E-Business Suite (EBS) hacking campaign.

There’s limited evidence that Oracle is replacing workers with AI en masse—but the company is planning thousands of job cuts while investing tens of billions of dollars in data centers.

Oracle Corp's ORCL latest earnings results may signal a broader trend for ETF investors: demand for artificial intelligence (AI) infrastructure is far from slowing. The company's remaining performance ...

March 5 (Reuters) - Enterprise software company Oracle (ORCL.N), opens new tab is planning thousands of job cuts as it faces a cash crunch from a massive AI data center expansion effort, Bloomberg ...

The additional spend covers redundancy packages and other exit costs as increasingly powerful AI models allow the company to ...

Buffett focuses on buying businesses below intrinsic value and keeping them long-term. He advises ignoring market trends and investing based on independent value assessment. Buffett emphasizes a ...

China makes energy security 'reunification' offer to Taiwan amid Middle East war China offered on Wednesday what it said would be energy stability to Taiwan if it agreed to Beijing's rule, part of a ...