The OpenAI deal fallout exposes the fundamental danger of being the most leveraged player in a market where the chip cycle moves faster than the concrete dries.
ADJUSTED EARNINGS PER SHARE: Adjusted earnings are expected to come in at $1.70 a share, compared with $1.47 a share the prior year. The stock has fallen 23% since the beginning of the year, and ...
Oracle’s stock has been pressured over concerns about whether its AI spending will yield the necessary returns.
Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people ...
While Oracle has traditionally been viewed as a legacy database provider, its aggressive pivot toward Oracle Cloud ...
OpenAI's $110B funding includes AWS as the exclusive third-party distributor for the Frontier agent platform, introducing an ...
Oracle's year-to-date slump may be excessive and the stock should more than double from here, according to Jefferies. Ahead of Oracle's fiscal third-quarter earnings release on Tuesday, the bank stood ...
Enterprise software company Oracle is planning thousands of job cuts as it faces a cash crunch from a massive ​AI data center ...
Oracle (ORCL) will report fiscal third-quarter results on March 10 and its outlook on its Oracle Cloud Infrastructure unit is ...
Qventus, a leading provider of care operations automation technology, today announced it has joined Oracle's enhanced partner program. For more than 40 years, Oracle has been working closely with ...
AI-enabled predictive intelligence solution helps organizations avoid safety incidents, reduce costs, and foster a proactive safety culture ...
Sasol, a global chemicals and energy company, has migrated its Java estate from Oracle to the Azul platform, Azul has ...