Oracle cuts more than 250 Bay Area jobs as cloud and AI cost pressures rise San Francisco Bay Area — Oracle is cutting more ...

When DoorDash selected NetSuite as its corporate financial control center, it sought a scalable platform that could connect ...

The Bank of England initially advertised a £7 million contract to help with its Oracle cloud migration – that's now up to £21 ...

Oracle is simultaneously planning heavier capital expenditures and signing up for leases to meet demand for cloud infrastructure for artificial intelligence customers such as OpenAI. The company ...

Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.

Q2 Highlights: Oracle reported second-quarter revenue of $16.06 billion, missing analyst estimates of $16.21 billion. The software giant said adjusted earnings grew 54% year-over-year to $2.26 per ...

Oracle (ORCL) cloud services now represent 77% of total revenue and grew 55% year-over-year. GPU consumption revenue surged 336%. Oracle’s remaining performance obligation hit $97.3B in Q2 FY2025.

Oracle is reiterated as a buy, with expectations that its recent highs will be exceeded as OCI drives substantial revenue growth. OCI's superior performance, cost advantages, and hybrid/multi-cloud ...

Oracle Corp (NYSE: ORCL) is supercharging its Abu Dhabi cloud region with the Middle East's first Nvidia Corp (NASDAQ: NVDA)-powered Oracle Cloud Infrastructure (OCI) Supercluster. Oracle is expanding ...

Oracle's database business left it with an extensive data center footprint, and it has used this to compete in the cloud through its Oracle Cloud Infrastructure (OCI) suite. Since rolling out this ...

Oracle expects its cloud infrastructure business to create $166 billion in revenue by fiscal year 2030, accounting for nearly three-quarters of its total sales, the company says. Reuters reported that ...