ORACLE — Standing side by side in the midday sun, two women sort through a box filled with peanut butter, bread, rice and all kinds of canned goods. “Here’s some cat food,” Elvia Schwenke says. “Oh, ...
Oracle's mass layoffs last week are still grabbing headlines with employees coming out sharing their ordeal. This marks the company’s largest restructuring ever as it grapples with massive debt from a ...
Just days after firing 30,000 employees globally, reportedly due to AI-driven cost-cutting, Oracle has appointed Hilary Maxson as its new Chief Financial Officer (CFO) with a massive pay day. While 12 ...
Oracle has appointed Hilary Maxson as its new CFO to steer finances during rapid AI-led expansion. The company has taken on $58 billion in debt in recent months, even as growth surged. Maxson replaces ...
Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...
Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...
Oracle is accelerating data center construction timelines and managing costs. It is justifying its spending by fulfilling highly profitable contracted capacity. Oracle’s cash burn is taking a toll on ...
Oracle (ORCL) reported Q3 FY2026 IaaS cloud infrastructure revenue surging 84% year over year to $4.89 billion, with Remaining Performance Obligations hitting $553 billion, up 325% year over year.
Oracle (ORCL) is down 23% year-to-date and 54% off September 2025 highs at $149.40. The company has $553B in remaining performance obligations, up 325% year-over-year, with FY2026 capex guidance at ...
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One Guggenheim analyst isn't blinking. Even as Oracle (NYSE:ORCL) stock sits down 23% year-to-date and roughly 54% off its September 2025 highs, the firm's analyst hasn't touched the $400 price target ...
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