There’s limited evidence that Oracle is replacing workers with AI en masse—but the company is planning thousands of job cuts while investing tens of billions of dollars in data centers.
The expanded fund, disclosed in a filing with the US Securities and Exchange Commission following Oracle's quarterly earnings report, has heightened concerns that the company's restructuring ...
Ten years ago, Oracle (NYSE: ORCL) and Salesforce (NYSE: CRM) were both navigating a pivotal shift: legacy software companies racing to reinvent themselves as cloud businesses. Both made it, but the ...
Discover how Oracle's earnings report could influence its full-year 2026 guidance and long-term growth strategy. Read more here.
Oracle’s cloud segment, which now represents over half of the company’s sales, grew 44% from a year ago, to $8.9 billion.
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Aave oracle glitch causes $27 million liquidation cascade
Aave oracle glitch on Lido's staking derivative, wstETH, has caused massive liquidations totaling $27 million.
Aave's oracle misconfiguration caused $27M in wstETH liquidations on March 10. Chaos Labs confirms full user compensation and no protocol bad debt.
Oracle posted earnings that topped Wall Street estimates and lifted its outlook, as strong AI demand drove its sales and ...
Oracle may be the canary in the coal mine. That line, from a CNBC segment recorded the day before Oracle’s most recent ...
The Larry Ellison–led software giant is remaking its cloud infrastructure to rival Amazon and Microsoft.
Some of the cuts will be aimed at job categories that the company expects it will need less of due to AI, two of the people ...
The Oracle Corporation (ORCL) story has been an exciting one to follow. The company has been one of the rare tech stocks to make a 52-week high and then saw a 60% drawdown in the last six months. Data ...
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