Oracle spent $55.7 billion on data centres in FY2026, overshooting its own $50 billion guidance. Revenue and cloud bookings beat estimates, but the stock fell 7% after hours on capex concerns and ...
Oracle ORCL1.77%increase; up pointing triangle shares plunged as the cloud-computing and software giant reported higher spending associated with its massive infrastructure expansion, despite rising ...
As was widely reported, Oracle axed an estimated 20,000 to 30,000 people via email on March 31. One of the employees cut that day told TechCrunch about the experience: “I had, like, this weird feeling ...
Atrium Health, part of Charlotte, N.C.-based Advocate Health, said a data security incident involving EHR vendor Oracle Health may have exposed patient information tied to legacy systems used before ...
For decades, enterprise software has acted as a digital filing cabinet or system of record where human workers painstakingly log the daily operations of a business. Now, Oracle wants to flip that ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The lawsuit was filed days after ...
--Down 53.21% from its 52-week closing high of $328.33 on Sept. 10, 2025 --Up 25.08% from its 52-week closing low of $122.82 on April 21, 2025 --Traded as high as $153.83; highest intraday level since ...
In his excellent “The Oracle’s Daughter,” Harrison Hill looks at the people and the questions beyond the headlines. By Carlene Bauer Carlene Bauer’s most recent book is the novel “Girls They Write ...
See more of our coverage in your search results. Add The New York Post on Google The initial wave of a massive bloodbath at Oracle has begun to show up in public filings — with 700 workers expected to ...
Oracle’s mass layoffs will affect 318 employees in Redwood City and 184 in Santa Clara, according to new state filings, adding to a toll that also includes 158 workers in Pleasanton. The layoffs also ...
Falling debris from an intercepted missile has damaged the Dubai office of American tech giant Oracle, city officials said on Saturday. "Authorities confirm that they responded to a minor incident ...
As thousands of Oracle employees awoke on Tuesday to an email informing them they were being laid off, the workers likely didn’t know the tech company had been busy trying to hire foreign staff.
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