The expanded fund, disclosed in a filing with the US Securities and Exchange Commission following Oracle's quarterly earnings report, has heightened concerns that the company's restructuring ...

Over the past few weeks, cracks have started to appear in the tech sector’s growth plans for artificial intelligence.

Before Oracle reported earnings on March 10, the narrative was ugly. Job cuts. AI cash crunch. A stock down 23% year to date. Reddit’s r/stocks was flooded with a thread titled “What is wrong with ...

The company is benefitting from customers who are looking for “ecosystem automation” rather than single applications, co-CEO Mike Sicilia said.

Despite operating in a different league than traditional Big Tech giants, Oracle has heavily invested in the AI-driven future of computing and cloud services. The Austin-based ...

Oracle's (ORCL) stock jumped on Wednesday after fiscal third-quarter results and outlook beat estimates and drew positive ...

On Tuesday, Oracle Corporation ORCL said its rapidly expanding AI data center business is already profitable, though heavy construction and expansion costs are temporarily weighing on overall margins.

As the cloud giant spends billions on the AI race, it reassures investors that it is still "very good" at doing things on the cheap.

This award follows a $581 million contract with Amazon Web Services as the Air Force continues to build out its multi-cloud infrastructure. The Air Force has added another major cloud service provider ...

"CMS' programs are vital to the wellbeing of many Americans, a responsibility that demands uncompromising security, reliability, and fiscal stewardship," said Kim Lynch, executive vice president, ...

Oracle (ORCL) shares jumped 10% today after dropping 60% from September highs above $345. Oracle plans to raise $45B to $50B this year through debt and equity to fund cloud infrastructure expansion.

On Sunday, Oracle said it plans to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure. "Oracle is raising money in order to build additional capacity to ...