Evercore analyst Kirk Materne said Oracle's announcement of using $25B in debt and $25B in equity to capitalize itself, along ...
This Q3 was the first quarter in over 15 years where organic total revenue and non-GAAP earnings per share both grew at 20% or more in USD. Cloud revenue was at the high end of our guidance, total ...
Oracle now sees fiscal 2026 restructuring expenses of $2.1 billion, an SEC filing shows. ・The cloud company laid off over 3,000 workers in August-September 2025. ・ORCL stock rose 9.2% on Wednesday ...
Oracle is betting heavily on AI data centers. The company's business has become alarmingly overexposed to one major client: ...
Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.
Oracle’s cloud segment, which now represents over half of the company’s sales, grew 44% from a year ago, to $8.9 billion.
ORCL posts Q3 earnings beat as cloud infrastructure surges 84%, and AI-driven demand lifts revenues 22%, marking its first 20%+ EPS and revenue growth quarter in 15+ years.
Spread the loveIn a bold move to realign its business strategy, Oracle Corporation is set to undergo significant restructuring, which includes a substantial reduction in its workforce. This transition ...
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