Oracle layoffs will help cost savings, analysts say

Oracle plans to cut thousands of jobs which will free up cash flow as the company aggressively invests in its AI data center ...

Oracle lays off more than 150 California workers

In January, President Donald Trump announced the Stargate venture to ramp up U.S. AI deployment, with Oracle Executive ...

Oracle’s $10 Billion Bet On AI Sends Shares Down 57% And 30,000 Workers Out The Door

Oracle’s stock sinks 57% as the company cuts 30,000 jobs to fund a $10 billion AI push, raising concerns about cash flow, ...

Oracle begins layoffs affecting thousands, CNBC reports

Cloud computing firm Oracle is laying off thousands of employees, CNBC reported on Tuesday, ​citing two people familiar with ...

Oracle reportedly undergoing round of layoffs amid push toward AI

Oracle reportedly cut thousands of jobs on March 31 to cut costs as its AI projects grow. Oracle stock rose 5% after the news ...
Bleeping Computer

Oracle pushes emergency fix for critical Identity Manager RCE flaw

Update: Added that Oracle declined to comment on whether the vulnerability has been exploited. Oracle has released an out-of-band security update to fix a critical unauthenticated remote code ...
WTHR

Indiana has the highest foreclosure rate in the country, report finds

INDIANAPOLIS — From the gas pump to grocery prices, Hoosiers are hurting. "As great as the Midwest is, we are being affected more than most folks are because of the rising cost, because of our lower ...
Fast Company

Oracle is the latest tech company slashing jobs over AI

Much like its peers in the tech industry, Oracle is pouring money into AI infrastructure. In a bid to compete with companies like Amazon and Microsoft, the tech giant inked a lucrative $300 billion ...
Wall Street Journal

Oracle Stock Jumps Afterhours Following Earnings Report

Oracle shares rose more than 7% in postmarket trading after the cloud-computing company posted higher quarterly revenue and raised its sales outlook for fiscal 2027. The company's results indicate ...
AOL

Oracle stock rockets higher on Q3 earnings beat, 2027 revenue outlook

Oracle (ORCL) stock rocketed higher after the company beat Wall Street's expectations on the top and bottom lines for its Q3 earnings on Tuesday and raised its 2027 revenue guidance to $90 billion.
Abilene Reporter-News

Oracle disputes reports on Abilene AI data center expansion

Oracle called recent news reports about Abilene's Stargate data center "false and incorrect" this week. Media reports surrounding the expansion of the artificial intelligence data center indicated a ...
AOL

Oracle to report Q3 earnings as Wall Street questions AI spending

Oracle (ORCL) will report its third quarter earnings after the bell on Tuesday, amid reports that the company has axed plans to expand an AI data center with OpenAI (OPAI.PVT) and that it’s preparing ...