East Bank and East Nashville — under or over Interstate 24 — to help seal the deal and win the tech company's record-setting ...
Oracle cut about 21,000 jobs in fiscal 2026 as it restructures around AI and cloud infrastructure, raising questions for enterprise buyers.
The growing use of AI contributed to Oracle laying off 21,000 workers in a year, according to a Securities and Exchange Commission filing on Monday.
It has now been more than nine months since Oracle's report for the first quarter of fiscal 2026 (ended Aug. 31, 2025). At the time, its remaining performance obligation (backlog) in fiscal Q1 had ...
"The adoption and deployment of AI technologies across our operations have resulted, and may continue to result, in ...
To say Oracle reported record results might be an understatement, as the company used the word "record" 20 times in its quarterly financial report. For its fiscal 2026 fourth quarter (ended May 31), ...
Oracle topped quarterly expectations, but free cash flow is negative, and the company plans to raise more capital for data center projects.
Oracle's earnings had an opportunity to turn around the recent malaise with tech stocks. Instead, it announced it would raise more money, adding to worries.