Oracle has shed a third of its value in weeks, and the obvious alternatives are moving in opposite directions. Before ...
Oracle's stock fell 19% this week, the steepest drop since August 2001, the depths of the dot-com bust. The company's capital expenditures surged 162% in the latest fiscal year, with almost $24 ...
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Oracle stock is pivoting to an AI-driven hyperscaler with surging cloud revenue and backlog. Click here to read an analysis ...
Ty Roush is a breaking news reporter based in New York City. The Oracle chairman ranked the world’s second-richest person earlier this month. Shares of Oracle rose slightly (0.3%) as of Monday ...
Oracle reduced its workforce by 13% over the past 12 months and cited AI deployment in an annual filing on Monday. The company currently employs 141,000 full-time workers, down from 162,000 the ...
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Sony’s plans to wind down disc production for its game consoles have met with fury (and memes) across the board. But this decision was driven by many of the same factors squeezing IT generally: ...
Oracle just had a week that made Wall Street nervous. The software giant's stock fell 19% in a single week ending June 27, its steepest weekly drop in 25 years, according to CNBC. The last time Oracle ...
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